Heidelberg Materials is increasing its shareholding in Türkiye’s Akçansa to 79.44%, in accepting to acquire the offered 39.72% stake of Sabanci Holding in the company. By moving to majority control, Heidelberg Materials will significantly strengthen its strategic positioning in Turkey, the Mediterranean Basin, and beyond. Akçansa operates three cement plants (photo), 26 ready-mixed concrete plants, five aggregates quarries, and five cement terminals across five seaports in the Marmara, Aegean, and Black Sea regions. The transaction is subject to regulatory approvals.