12/12/2000
Acquisition of Tarmac America Inc. by TITAN
The recent acquisition of Tarmac America Inc. is another strategic move by Titan, aiming at increasing and improving the financial size of the Group and strengthening its position in the global cement industry. Following a series of successful acquisitions of similar companies in the Eastern Mediterranean region, the United States and Egypt, the acquisition of Tarmac America Inc. empowers the role of Titan in the international arena and establishes the Company as an important player in the large and rapidly growing market of the South East Coast of the USA.