03−06 December 2025
17th International Exhibition & Conference
on 
Pulp, Paper & Allied Industries
Yashobhoomi, Dwarka India
International Convention & Expo Centre (IICC)

New Delhi

News

01 April 2025

ITC announces the strategic acquisition of Century Pulp & Paper for Rs. 3,498 crore

ITC Limited has signed a Business Transfer Agreement (BTA) to acquire Century Pulp and Paper (CPP) from Aditya Birla Real Estate Limited (ABREL) for Rs. 3498 crore. This acquisition strengthens ITC's Paperboards and Specialty Papers Business, offering increased capacity, economies of scale, and opportunities for expansion. The deal, expected to be completed in about six months pending regulatory approvals, will enhance ITC's market position and support its growth strategy. The transaction also aligns with ABREL’s focus on real estate development. CPP's integration will drive operational improvements and contribute to ITC’s sustainability goals.



Source Link:- https://thepulpandpapertimes.com/news/industry-news/itc-announces-2225
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