Türkiye: The Turkish Competition Board has conditionally cleared conglomerate Arsem Madencilik Enerji to acquire Kars Çimento, following a Phase II review of the deal opened on 25 September 2025. Kars Çimento, a subsidiary of Italy-based Cementir, operates the 0.6Mt/yr plant near Kars in Northeastern Türkiye. Cementir completed its sale of Kars Çimento to a subsidiary of Arsem Madencilik Enerji in late 2025.
The board reported that the companies’ combined market shares exceed 85% in certain districts. Arsem Madencilik Enerji has committed to limit price rises, increase employment at the Kars plant by 10% and maintain the plant’s capacity utilisation at no less than 90%.