financetom
Business
financetom
/
Business
/
TITAN Group Enters Into Exclusive Negotiations to Acquire Vracs de L'Estuaire Cementitious Business in France Strengthening its Presence in Western Europe
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TITAN Group Enters Into Exclusive Negotiations to Acquire Vracs de L'Estuaire Cementitious Business in France Strengthening its Presence in Western Europe
Nov 6, 2025 6:53 AM

BRUSSELS--(BUSINESS WIRE)--

TITAN Group has entered into exclusive negotiations to acquire Vracs de L'Estuaire, a Company with state-of-the-art facilities, including a grinding plant located at the port of Le Havre in Northern France.

The facility is ideally positioned to serve one of the largest and fastest-growing markets in Europe. This strategic investment strengthens TITAN’s presence in France, building on its existing operations in the Marseille market, and marks an important step in further accelerating the implementation of TITAN's innovation and decarbonization agenda, providing an additional platform for serving the customers with the Group’s low carbon cement and pozzolanic based alternative cementitious materials.

The signing of the transaction is subject to the notification of employees. The closing of the transaction remains subject to customary legal procedures and is expected in the first quarter of 2026.

About TITAN Group

TITAN Group is a Belgium-registered company and a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs more than 6,000 people and serves customers in over 25 markets, on four continents. It holds prominent positions in the United States, Europe - including Greece, the Balkans, the United Kingdom, Italy, and France - and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With more than 120 years of history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The Group is listed on Euronext Brussels and Paris, and the Athens Exchange, and its US business is listed on the NYSE. For more information, visit our website at www.titanmaterials.com.

Source: TITAN Group

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Indonesia to use its benchmark coal price for transactions from March 1
Indonesia to use its benchmark coal price for transactions from March 1
Feb 26, 2025
JAKARTA (Reuters) - Indonesia will start using its government-set benchmark coal price as the floor price for transactions starting from March 1, Tri Winarno, a senior official at the Energy and Mineral Resources Ministry, said on Wednesday. Indonesia currently uses the government benchmark price, known as the HBA, to calculate royalty fees for coal miners. Tri did not elaborate further...
India singles out VW in $1.4 billion tax dispute, says Kia corrected course
India singles out VW in $1.4 billion tax dispute, says Kia corrected course
Feb 26, 2025
NEW DELHI (Reuters) - Indian tax authorities have singled out Volkswagen as the only automaker to wrongly classify its car imports for 12 years to evade $1.4 billion in taxes, even as rival Kia changed its practice after being pulled up, court papers show. Volkswagen is a tiny player in India's car market, which is the third biggest in the...
Porsche names new CFO and sales chief in bid to revive performance
Porsche names new CFO and sales chief in bid to revive performance
Feb 26, 2025
FRANKFURT (Reuters) - Luxury carmaker Porsche replaced its CFO and head of sales on Wednesday with two company veterans as it reshuffles its board in the hopes of reviving flagging performance and a weak share price. The company announced late on Tuesday that Jochen Breckner, at Porsche for 25 years and head of corporate development since 2018, will oversee finances...
India singles out VW in $1.4 billion tax dispute, says Kia corrected course
India singles out VW in $1.4 billion tax dispute, says Kia corrected course
Feb 26, 2025
* VW, Indian authorities in legal tussle over record tax demand * India accuses VW of using clandestine scheme to evade tax * VW case rekindles worries among foreign companies in India * Loss could cost VW $2.8 billion, including penalty, interest By Arpan Chaturvedi, Aditya Kalra and Aditi Shah NEW DELHI, Feb 26 (Reuters) - Indian tax authorities have...
Copyright 2023-2026 - www.financetom.com All Rights Reserved