TITAN Group Completes Acquisition of Vracs de L'Estuaire Cementitious Business in France [Yahoo! Finance]
Titan International, Inc. (DE) (TWI)
Last titan international, inc. (de) earnings: 3/4 05:59 am
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Source: Yahoo! Finance
business in Northern France, reinforcing the Group's commitment to further develop its product offering in France and accelerate the growth trajectory under its TITAN Forward 2029 strategy. This acquisition exemplifies TITAN's execution of its long-term plan to build a sizeable, integrated global platform for developing alternative cementitious materials (ACMs). Vracs de L'Estuaire operates a state-of-the-art grinding plant, strategically located at the port of Le Havre in Northern France, with an annual clinker grinding capacity of 0.6 million tons, serving one of Europe's largest and fastest-growing construction markets. This strategic investment strengthens TITAN's presence in France which started about 30 years ago with the operations of a cement terminal in Marseille. The expanded French operations are synergetic with T????'s current European network and will advance TITAN's innovation and decarbonization agenda. Yanni Paniaras, CEO TITAN Europe, commented : "The acquisition
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