TITAN Group sign agreement to acquire Traçim Cement
Published by Alfie Lloyd-Perks,
Assistant Editor
World Cement,
Titan SA announce that it has entered into a share purchase agreement, subject to conditions precedent, to acquire 100% of Traçim Çimento Sanayi ve Ticaret Anonim Sirketi, a company located in the greater Istanbul market
The assets in the transaction include a modern integrated cement plant with a production capacity of approximately 2.5 million tpy of cement. The plant serves the growing local market and has the capability to export to the neighbouring countries and to the US; there is also a plan for a prospective joint large solar power project with the sellers.
This strategic investment enables TITAN to strengthen its existing core heavy materials business in Western Türkiye, where TITAN already has an established presence through a cement grinding plant in the Marmara region and a pozzolana quarry, while complementing its export assets to the US. The acquisition is consistent with the 2029 TITAN FORWARD Strategic Priorities, focusing on footprint optimisation and accelerating inorganic growth.
The purchase price for the acquisition of 100% of the company’s shares corresponds to approximately US$190 million and the transaction is expected to be completed in the first quarter of 2026, subject to customary legal procedures and regulatory approvals. The acquisition is anticipated to contribute to sales above US$140 million, to EBITDA above US$50 million, and to be EPS accretive in 2026, with further performance improvement from synergies in subsequent years.
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Read the article online at: https://www.worldcement.com/europe-cis/12122025/titan-group-sign-agreement-to-acquire-traim-cement/
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