Titan Cement of Greece has reached an agreement for the acquisition of the Sharr Beteilingung Group.

Titan Cement of Greece has reached an agreement with Kosovo's privatisation authority for the acquisition of the Sharr Beteilingung Group, which owns and operates a cement plant in Sharr. The new acquisition is not expected to have a significant effect in Titan's results this year since the Sharr plant, with an annual production capacity of 600,000tonnes, was already managed by the Greek group's management, under a leasing agreement.

Quarry Products / March 28, 2012

719 Titan Cement of Greece has reached an agreement with Kosovo's privatisation authority for the acquisition of the Sharr Beteilingung Group, which owns and operates a cement plant in Sharr.

The new acquisition is not expected to have a significant effect in Titan's results this year since the Sharr plant, with an annual production capacity of 600,000tonnes, was already managed by the Greek group's management, under a leasing agreement.

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