# TITAN Group completes acquisition of Traçim Cement in Istanbul

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.

- Type: Acquisition
- Announced: 2026-03-05
- Where: greater Istanbul market, Türkiye
- Value: $36.0M (34.0M EUR)
- Status: completed
- Capacity: 2.5 million tonnes of cement per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Titan Cement International](https://endata.com/companies/43420.md) (acquirer)
- [Traçim Çimento](https://endata.com/companies/90718.md) (target)
- [Caba Energy Group](https://endata.com/companies/90719.md) (partner)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20260305339694/en/TITAN-Group-Completes-the-Acquisition-of-Traim-Cement-in-the-Greater-Istanbul-Market), 2026-03-05: "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."

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