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TITAN Group completed the acquisition of 100% of Traçim Çimento, a cement plant near Istanbul with 2.5 million tonnes annual capacity. The deal includes rights for a second production line and a joint venture for a 100MW solar project.
“This acquisition is fully aligned with TITAN Forward 2029 strategy, enabling us to advance our existing core heavy materials business and continue achieving top of class returns of capital.”businesswire.com
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