True North sells RDC Concrete to construction firm for unknown sum

Infra.Market, a construction solutions company, said today that it has acquired RDC Concrete from True North, a home-grown private equity firm. RDC is the largest independent ready mixed concrete company in the country. True North held a majority equity stake in the company through its initial investment in 2005.

However, neither Infra.Market nor True North disclosed the deal value.  

RDC Concrete manufactures and supplies Ready Mix Concrete (RMC). It now has 52 plants across the country and is expected to clock annual revenue of over 1000 crores in FY22.

Anil Banchhor, the current Managing Director & CEO of RDC Concrete, will continue be