Titan Group to acquire Sharr cement plant

Titan Group to acquire Sharr cement plant

Titan Group has signed a definitive agreement with the Privatisation Agency of Kosovo for the purchase, through its affiliate Sharr Beteiligungs GmbH, of the Sharr cement plant. The acquisition is not expected to have a material impact on the Group's results, as the plant, with a rated capacity of 600,000 tonne per annum, was already under Titan management, on the basis of a lease agreement. Based in Greece, the Titan Group operates in eight countries, owning 13 cement plants.
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