TITAN Group Acquires Traçim Çimento (Greater Istanbul Cement Plant)
March 5, 2026
TITAN SA has entered into a share purchase agreement to acquire 100% of Traçim Çimento Sanayi ve Ticaret Anonim Şirketi, a cement producer in the greater Istanbul market, with an approximately 2.5 million tonnes/year integrated cement plant. The acquisition is part of TITAN Forward 2029 strategy and is expected to complete in the first quarter of 2026, following customary approvals and regulatory procedures.
- Buyers
- Titan SA (TITAN Group)
- Targets
- Traçim Çimento Sanayi ve Ticaret Anonim Şirketi (Traçim Çimento)
- Industry
- Manufacturing
- Location
- Turkey
- Transaction Type
- Buyout
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