Full-Time
Posted on 12/1/2025
Global cement producer and concrete supplier
No salary listed
Roanoke, VA, USA
In Person
Titan Materials Group produces cement and ready-mix concrete, with an integrated supply chain from quarry to construction materials. Its operations include cement manufacturing, clinker grinding, and the production and distribution of ready-mix concrete through a global network of plants, terminals, and subsidiaries. Unlike some competitors, Titan grows by acquiring and integrating cement assets and expanding its geographic footprint, building a multinational production footprint that includes Greece, Europe, and the United States. Its strategic goal is to supply reliable construction materials at scale, grow its production capacity and reach through acquisitions and listings, and strengthen its position as a global cement and concrete provider.
Company Size
51-200
Company Stage
IPO
Headquarters
Athens, Greece
Founded
1902
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Health Insurance
Flexible Work Hours
Professional Development Budget
Titan SA reported record earnings for 2025, with EBITDA reaching €606 million and group sales of €2.67 billion, representing 6.4% like-for-like growth. The company's EBITDA margin expanded by 60 basis points to 22.7%, whilst return on capital employed hit a record 18.2%. Operating free cash flow increased to over €500 million from €414 million in 2024. The company proposed a dividend of €1.1 per share, up 10%, and reduced net debt to €214 million with a leverage ratio of 0.4x. US operations delivered record results across revenue, earnings and cash flow, whilst Greek sales grew 13%. Egyptian earnings quadrupled, driven by exports. The company achieved a 12% reduction in CO2 emissions versus 2020 levels. However, Southeast Europe faced pressure from Turkish imports and cost headwinds.
Suma Capital has invested €1 million in OPTIMITIVE to complete its €5 million Series A round, in which Cemex Ventures and TITAN Cement Group also participated as strategic co-investors.
Suma Capital has invested €1 million in Optimitive, a Vitoria-based technology company specialising in industrial process optimisation through artificial intelligence. The investment completes a €5 million Series A round, which also included participation from Cemex Ventures and Titan Cement Group. Optimitive's Optibat platform applies AI algorithms and machine learning to optimise manufacturing processes in energy-intensive sectors including cement, chemicals, paper and metallurgy, aiming to reduce energy consumption and improve operational performance. The Basque firm employs 40 staff and operates in plants across Europe, the United States, Mexico, India and Egypt. The funding will support workforce expansion, international growth, platform enhancement and client base consolidation.
Belgian Titan Group acquires Traçim cement for USD 190 million. Titan SA announces that it has entered into a share purchase agreement, subject to conditions precedent, to acquire 100% of Traçim Çimento Sanayi ve Ticaret Anonim Şirketi, a company located in the greater Istanbul market, one of the most attractive and dynamic cement and cementitious materials markets of Türkiye. The assets in the transaction include a modern integrated cement plant with an annual production capacity of approximately 2.5 million tons of cement. The plant serves the growing local market and has the capability to export to the neighbouring countries and to the US; there is also a plan for a prospective joint large solar power project with the sellers. This strategic investment enables TITAN to strengthen its existing core heavy materials business in Western Türkiye, where the Group already has an established presence through a cement grinding plant in the Marmara region and a pozzolana quarry, while complementing its export assets to the USA. The acquisition is consistent with the 2029 TITAN FORWARD Strategic Priorities, focusing on footprint optimization and accelerating inorganic growth. The purchase price for the acquisition of 100% of the company's shares corresponds to approximately $190 million and the transaction is expected to be completed in the first quarter of 2026, subject to customary legal procedures and regulatory approvals. The acquisition is anticipated to contribute to sales above $140 million, to EBITDA above $50 million, and to be EPS accretive in 2026, with further performance improvement from synergies in subsequent years. About Titan Group TITAN Group is a Belgium-registered company and a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs more than 6,000 people and serves customers in over 25 markets, on four continents. It holds prominent positions in the United States, Europe - including Greece, the Balkans, the United Kingdom, Italy, and France - and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With more than 120 years of history, TITAN has always fostered a family and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO[2] reduction targets validated by the Science Based Targets initiative (SBTi). The Group is listed on Euronext Brussels and Paris, and the Athens Exchange, and its US business is listed on the NYSE.
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