Titan Titan & Molins complete joint acquisition of majority stake in Baupartner
Following the initial announcement on August 4th, Molins and Titan have now successfully closed the joint acquisition of an 80% stake in Baupartner, a leading provider of precast concrete solutions in Southeastern Europe. The transaction closed in line with previously communicated expectations, with the companies having guided for completion by the end of Q3 2025. Strategically, the acquisition aligns with Titan's current regional presence. Titan also mentioned that it is are actively evaluating further opportunities to grow the precast concrete solutions in the region. we reiterate our Accumulate rating and € 45.0 TPTitan Cement International SA is a Belgium-based international cement and building material producer. The Company's activities include the production, transportation, and distribution of cement, concrete, aggregates, fly ash, mortars and other building materials. The Company reports its activities into four geographical business segments: Greece and Western Europe, North America, South East Europe and Eastern Mediterranean. Apart from the transportation and distribution, the Company also transfers its know-how through collaborations with customers, business partners, local communities and Academia.
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