Dalmia Bharat Group's refractories business acquires GSB Group from Germany

Dalmia OCL is India's second-largest refractory company with a production capacity of 250,000 tonnes per annum

Dalmia OCL, the refractories business of the Rs 10,000-crore Dalmia Bharat Group, marked its first-ever international acquisition with the takeover of GSB Group GmbH, a German-based speciality refractory maker and a global leader in lance production, which is essential for clean steel production.

According to the company, the takeover will provide Dalmia OCL access to customers in the heart of steel and refractory making belt in Europe and state-of-the-art technology to make cleaner steel. It will also provide an opportunity to work with newer talents trained in advanced steel-making processes.

“We are delighted as this acquisition marks our group’s first