TITAN Group to acquire Traçim Cement for $190m.

TITAN Group, an international business in the building and infrastructure materials industry, agreed to acquire Traçim Cement, a producer of cement and clinker, for $190m. This strategic investment enables TITAN to strengthen its existing core heavy materials business in Western Türkiye, where the Group already has an established presence through a cement grinding plant in the Marmara region and a pozzolana quarry, while complementing its export assets to the USA. The acquisition is consistent with the 2029 TITAN FORWARD Strategic Priorities, focusing on footprint optimization and accelerating inorganic growth.