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Solar Industries India’s arm to acquire Omnia Holdings for Rs 12,951 crore
Sep-15-2026

Solar Industries India (Solar Group) wholly owned step down subsidiary -- Solar SA Investments Proprietary (Solar SA) and Omnia Holdings (‘Omnia’, and together with its subsidiaries, the ‘Omnia Group’), an international diversified group providing innovative products, solutions and specialised services to the mining and agriculture sectors, have signed definitive agreements.  Under the agreements, Solar SA will acquire all outstanding shares of Omnia in an all-cash transaction for a consideration of around $1.355 billion (Rs 12,951 crore). The transaction is subject to customary closing conditions, including receipt of required regulatory approvals and approval by Omnia shareholders (Offer).

Omnia operates in 23 countries and serves customers in more than 40 countries through over 70 distribution centres across Southern and Western Africa and key international markets including Australia, the United States, Canada, Brazil and Indonesia. The proposed transaction marks a transformational milestone in Solar Group’s strategic goal to become a leading global explosives and mining solutions provider by enhancing its scale, market access and competitive positioning across Africa and other international markets. Omnia's Mining business, operating under the well-established BME brand, brings significant expertise in open-cast mining, bulk explosives, electronic detonation systems, digital blasting solutions and mining chemicals, alongside a strong presence across Africa and international markets.

A key strategic attraction of the transaction is Omnia's integrated manufacturing infrastructure. The agriculture segment operates nitric acid and ammonium nitrate production facilities which is the largest, most reliable and sustainable in the region. In addition, Omnia has recently expanded its ammonium nitrate storage infrastructure through a new 5,000-tonne storage tank, doubling its storage capacity. These capabilities are expected to significantly strengthen vertical integration, enhance security of supply, improve raw material availability, increase operational flexibility and reinforce Solar Group's long-term cost competitiveness across the explosives value chain.

Solar Industries India is a Dynamic & Energetic company that continues to grow sustainably over the years.

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