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News Items filtered by date: Monday, 01 August 2022

Items filtered by date: Monday, 01 August 2022

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HIL to acquire Fast Build Block

01 August 2022

India: CK Birla Group’s fibre cement roofing subsidiary HIL has agreed to acquire Fast Build Blocks for US$8.22m in a ‘slump sale.’ Fast Build Blocks produces autoclaved aerated concrete (AAC) blocks in Cuttack, Odisha. Press Trust of India News has reported that HIL is using the acquisition to establish a leadership position in the Eastern Indian market.

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