Investment Summary

Yurt Cimento and Mugla Cimento Invest In Adocim

On February 19, 2025, Yurt Cimento and Mugla Cimento invested in building materials company Adocim from Titan Cement Group

Investment Highlights
  • This is Yurt Cimento’s 1st and Mugla Cimento’s 1st transaction in the Building Materials sector.
  • This is Yurt Cimento’s 1st and Mugla Cimento’s 1st transaction in Turkey.

Investment Summary

Date 2025-02-19
Target Adocim
Sector Building Materials
Investor(s) Yurt Cimento
Mugla Cimento
Sellers(s) Titan Cement Group
Deal Type Stake Purchase

Target

Adocim

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

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Investor(S) 2

Investor

Yurt Cimento

Maslak, Turkey

Category Company
Founded 2008
Sector Building Materials
DESCRIPTION

Yurt Cimento is a manufacturer of concrete products. Yurt Cimento was established in 2008 and is based in Maslak, Turkey.


DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Turkey M&A 1 of 1
Year: 2025 M&A 1 of 1
Investor

Mugla Cimento

Muğla, Turkey

Category Company
Sector Building Materials
DESCRIPTION

Mugla Cimento is a manufacturer of concrete products, based in Mu?la, Turkey.


DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Turkey M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Titan Cement Group

Brussels, Belgium

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

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


DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Turkey M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Adocim

Istanbul, Turkey

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

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