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The Economic Times

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Solar Industries buys South Africas Omnia in $1.3 billion deal

Nagpur-based Solar Industries is acquiring South Africa's Omnia Holdings for $1.3 billion. This significant outbound deal aims to create an integrated global blasting platform. The acquisition includes Omnia's commercial explosives and crop nutrition businesses. Solar Industries currently manufactures explosives for defense and industrial applications.

14 Sep 2026 6:36 pm