Titan Cement Company S.A. (ATSE:TITK) entered into an agreement to acquire additional 25% stake in Adocim Cimento Beton Sanayi ve Ticaret A.S. from Cem Sak Group on August 23, 2018. Post the transaction, Titan will hold 75% stake in Adocim and Cem Sak will hold 25% stake. Adocim has sales of TRY 236.3 million, EBITDA of TRY 44.7 million and net profit of TRY 4.1 million in 2017. The transaction is subject to regulatory approval and is expected to complete by end of November 2018.