# 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.

- Type: Acquisition
- Announced: 2025-12-11
- Where: greater Istanbul market, Türkiye
- Value: $190.0M
- Status: announced
- Capacity: 2.5 million tons of cement per year
- Products: cement, cementitious materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Titan Group](https://endata.com/companies/32935.md) (acquirer)
- [Traçim Çimento Sanayi ve Ticaret Anonim Şirketi](https://endata.com/companies/89067.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20251211487126/en/TITAN-Group-Signed-an-Agreement-to-Acquire-Traim-Cement-in-the-Greater-Istanbul-Market), 2025-12-11: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.