Titan Group to acquire Traçim Cement for $190M in greater Istanbul market

Titan SA has signed a share purchase agreement to acquire 100% of Traçim Çimento Sanayi ve Ticaret Anonim Şirketi, which includes a modern integrated cement plant with an annual production capacity of approximately 2.5 million tons of cement. The purchase price is approximately $190 million, and the transaction is expected to be completed in the first quarter of 2026.

“The purchase price for the acquisition of 100% of the company's shares corresponds to approximately $190 million and the transaction is expected to be completed in the first quarter of 2026.”businesswire.com

• 1 source
• businesswire.comTITAN Group Signed an Agreement to Acquire Traçim Cement in the Greater Istanbul MarketDec 11, 2025

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