# Titan Cement acquires stake in Perlitai Aigaiou

Titan Cement International has acquired a stake in Perlitai Aigaiou S.A., a Greek company that mines perlite and pozzolana on the island of Giali. The investment secures Titan's long-term access to pozzolana, a raw material used to produce low-carbon cementitious products.

- Type: Acquisition
- Announced: 2023-02-13
- Where: Giali, South Aegean, Greece, Greece
- Status: completed
- Products: pozzolana, perlite, low-carbon cementitious products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Titan Cement International](https://endata.com/companies/43420.md) (acquirer)
- [Perlitai Aigaiou](https://endata.com/companies/68507.md) (target)

## Sources

- [titan.gr](https://www.titan.gr/el/newsroom/nea-kai-deltia-typou/neo?item=1636), 2023-02-13: "Με αυτή την συμμετοχή, ο Όμιλος ΤΙΤΑΝ αποκτά άμεση πρόσβαση σε μια σημαντική πρώτη ύλη, με την οποία θα μπορέσει να εμπλουτίσει την παλέτα των τσιμεντοειδών προϊόντων χαμηλού αποτυπώματος άνθρακα που προσφέρει."

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