Aditya Birla Management Corporation Pvt. Ltd., through its subsidiaries, engages in non-ferrous metals, cement, textile, chemicals, agri-business, carbon black, mining, ferro chemical, wind power, insulators, telecommunications, financial services, retail, and trading businesses in India and internationally. It offers aluminum and copper products, coal, iron ore, primary metal and fabricated products, foils, sheet rolling, sulphuric acid, DAP and complexes, precious metals, and aerospace alloys; grey and white cement, and ready-mix concrete products; textile products, such as pulp, fiber, yarn, fabric, and apparel; and rubber carbon and specialty blacks. The company also provides fertilizers...
Aditya Birla Centre
S.K. Ahire Marg
Mumbai, 400 030
Founded in 1857
Aditya Birla Group to Restructure Retail Business
Jul 16 14
Aditya Birla Group has announced plans to restructure its retail business and create one single listed entity. As part of the plan, the company is seeking to de-merge Fashion & Lifestyle vertical from Aditya Birla Nuvo and create a retail umbrella company led by Madura Garments. Madura Garments, Pantaloon Fashion & Retail, Jayashree and More are likely to be merged as part of the process. The combined entity could be led by Madura with a projected valuation of $1.5 billion to $1.8 billion, with Pantaloons and More being the smaller businesses by value in the restructured retail company.
Aditya Birla Reportedly To Sell 25% Stake In Madura Fashion, Pantaloons and More Supermarkets
Jul 16 14
Aditya Birla Management Corporation Pvt. Ltd. has reportedly mandated Standard Chartered Bank to divest 25% stake in a new retail company to be formed through the merger of Madura Garments Lifestyle Retail Company Limited, Pantaloons Fashion & Retail Limited (BSE:535755) and More Supermarkets. Apax Partners LLP, The Carlyle Group LP (NasdaqGS:CG), Kohlberg Kravis Roberts & Co. (NYSE:KKR) and TPG Capital, L.P. are reportedly among the marquee investors with preliminary interest in the deal.
Aditya Birla Reportedly Mulls Partner To Enter Health Sector
Mar 7 14
Aditya Birla Management Corporation Pvt. Ltd. is seeking partner as it plans to enter health insurance sector, report said. It has also appointed Boston Consulting Group to find a partner to enter the sector, the report said further. The AV Birla group is expected to acquire 74% stake in the proposed venture. The group is in talks with a South African health insurance company, the report added. However, no details have been provided by AV Birla on the development.