Heidelberg Materials Interested in Sabanci's Stake in Akcansa Cement, Bloomberg Says, Citing Sources

Dow Jones
Yesterday
 

--Heidelberg Materials is interested in doubling its stake in Turkish cement producer Akcansa Cimento in order to gain majority control, Bloomberg said, citing unnamed sources.

--The German building-materials maker has been holding talks to buy a nearly 40% stake from joint-venture partner Haci Omer Sabanci Holding, Bloomberg said.

--Heidelberg Materials has held talks in the past to buy out industrial group Sabanci, but discussions stalled over price, the sources told Bloomberg.

--Representatives for Heidelberg, Sabanci and Akcansa didn't respond to requests for comment.

 

Full story: https://shorturl.at/HYNz6

 

Write to Nina Kienle at nina.kienle@wsj.com

 

(END) Dow Jones Newswires

February 18, 2026 06:50 ET (11:50 GMT)

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