April 7, 2025 admin Leave a reply Post Comment

UltraTech Cement acquires Wonder WallCare for Rs 235 crore

(20 second reading) UltraTech Cement is set to acquire Wonder WallCare, a wall putty manufacturer, for up to Rs 235 crore as part of its expansion strategy. The acquisition will enhance UltraTech’s portfolio of value-added products. Wonder WallCare, a subsidiary of Wonder Cement, operates one of India’s largest putty plants in Rajasthan, with a capacity of 600,000 tonnes per year. The deal, subject to regulatory approvals, is expected to close within 90 days. Wonder WallCare’s revenue grew significantly from Rs 20.36 crore to Rs 78.61 crore in FY 2023–24.

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