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M&A Deal Summary

Titan Materials Acquires Tracim

On December 11, 2025, Titan Materials acquired building materials company Tracim

Acquisition Highlights
  • This is Titan Materials’ 3rd transaction in the Building Materials sector.
  • This is Titan Materials’ 2nd transaction in Turkey.

M&A Deal Summary
Date 2025-12-11
Target Tracim
Sector Building Materials
Buyer(s) Titan Materials
Deal Type Add-on Acquisition

Target

Tracim

Istanbul, Turkey
Tracim is an open-source team collaboration and information-management platform that centralizes documents, communication, project tasks, and knowledge sharing for organisations and teams. The software includes tools for version-controlled document management, workspace creation, messaging, and integrated communication, and can be deployed in the cloud or self-hosted to support data sovereignty and customizable workflows. Tracim is based in Istanbul, Turkey.

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Buyer(S) 1

Buyer

Titan Materials

Brussels, Belgium
Category Company
Founded 1902
Sector Building Materials
Employees5,771
Revenue 2.6B EUR (2024)
DESCRIPTION

Titan Materials is an independent cement and building materials producer with vertically integrated production and 113 years of industry experience. Titan Materials was founded in 1902 and is headquartered in Brussels, Belgium.

DEAL STATS #
Overall 3 of 3
Sector: Building Materials M&A 3 of 3
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Turkey M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-19 Adocim

Istanbul, Turkey

Adocim is a manufacturer of concrete products. Adocim was founded in 2008 and is based in Istanbul, Turkey.

Sell -
Mergr

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