TITAN Group completes acquisition of Vracs de L'Estuaire cementitious business in France
Published by Alfie Lloyd-Perks,
Assistant Editor
World Cement,
TITAN Group has completed the acquisition of Vracs de L'Estuaire, reinforcing their commitment to further develop its product offering in France and accelerate the growth trajectory under its TITAN Forward 2029 strategy.
This acquisition exemplifies TITAN’s execution of its long-term plan to build a sizeable, integrated global platform for developing alternative cementitious materials (ACMs).
Vracs de L'Estuaire operates a state-of-the-art grinding plant, strategically located at the port of Le Havre in Northern France, with a clinker grinding capacity of 0.6 million tpy, serving one of Europe’s largest and fastest-growing construction markets. This strategic investment strengthens TITAN’s presence in France which started about 30 years ago with the operations of a cement terminal in Marseille. The expanded French operations are synergetic with TΙΤΑΝ’s current European network and will advance TITAN’s innovation and decarbonisation agenda.
Yanni Paniaras, CEO TITAN Europe, commented: "The acquisition of Vracs de L'Estuaire marks an important step in TITAN’s growth in Europe under the TITAN Forward 2029 strategy. We are pleased to serve the customers of VDE and offer them new low carbon solutions based on our broad palette of cements and ACM products, such as slag, pozzolan from our Greek operations and fly ash reclaimed with our proprietary technology. We are excited to welcome the Vracs de L'Estuaire strong team to the TITAN family and work together to realise this vision."
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Read the article online at: https://www.worldcement.com/europe-cis/02022026/titan-group-completes-acquisition-of-vracs-de-lestuaire-cementitious-business-in-france/
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