Nagpur-based Solar Industries India Ltd. is set to significantly strengthen its international presence with the proposed acquisition of South Africa-based Omnia Holdings in an all-cash deal valued at approximately ₹12,951 crore (USD 1.355 billion). The acquisition marks a major step in Solar Industries’ strategy to expand its global industrial footprint and establish a stronger presence across international markets.

Omnia Holdings, which has a legacy of more than 73 years, operates across 23 countries with a network of over 70 distribution centres. The company reported approximately USD 1.41 billion in revenue in FY26, highlighting the scale and strategic importance of the proposed transaction.

The deal is subject to regulatory clearances and shareholder approvals. If completed, the acquisition is expected to strengthen Solar Industries’ international operations, broaden its market reach and create a larger global industrial platform. The proposed transaction also underlines the growing ambitions of a Nagpur-based company to expand its business presence from India to global markets.