BRUSSELS: Belgium-based building materials giant TITAN Group said on Thursday it has agreed to acquire Tragim Cement in the greater Istanbul market for about $190 million, expanding its footprint in one of Turkey’s most dynamic construction regions. The deal for…
LONDON: Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, has sold Graniser, the Group’s ceramic tile manufacturer based in Izmir, Turkey. Total consideration paid by the buyer, Mr Hasan Akgün, was €36.8 million (£30.9m) paid…
LONDON, UK: Saint-Gobain and the Turkish group Dalsan have entered into a joint-venture agreement pursuant to which they will merge their plaster and plasterboard activities in Turkey. Together, Saint-Gobain Rigips and Dalsan Alçi generated revenues in excess of €100 million…
LONDON, UK: Victoria PLC announce the further expansion of its existing ceramic tile business and operations, having agreed to acquire Graniser, a mid-market manufacturer and exporter of ceramic tiles based in Izmir, Turkey. Graniser prepares and files audited statutory financial…