Türkiye: Turkish conglomerate Sabanci Holding will sell its remaining 39.7% stake in Akçansa to Heidelberg Materials, according to an exchange filing made on 20 April 2026. Sabanci said that Heidelberg Materials exercised its right of first refusal after a binding offer valued the company at US$1.1bn. Following the transaction, Heidelberg said that its stake in Akçansa will double to 79.44%.
Akçansa operates three cement plants, 26 ready-mix concrete plants, five aggregate quarries and five cement terminals across Türkiye’s Marmara, Aegean and Black Sea regions.