VERIFIEDET Finance·14 Sept 2026positive

Solar Industries to acquire South Africa’s Omnia for Rs 12,951 crore in biggest global expansion push

AI Summary

·Solar Industries India will acquire 100% of South African chemicals company Omnia Holdings for $1.355 billion in cash.
·The acquisition marks a major international expansion for the explosives maker.
·The deal is expected to strengthen Solar Industries' commercial explosives and blasting solutions platform and expand its geographical footprint.