We completed, together with TITAN, the joint acquisition of a majority stake in Baupartner 

Together with TITAN, we successfully completed the joint acquisition of 80% of Baupartner, a leading provider of precast concrete solutions in Southeastern Europe, following the agreement announced on August 4, 2025. 

This transaction represents an important step in expanding our footprint in the region’s fast-growing construction market. It reinforces our global leadership in precast solutions and broadens our portfolio with high-value structural solutions, meeting the evolving needs of customers and communities. 

Baupartner, based in Bosnia and Herzegovina with operations across Bosnia, Croatia, and Serbia, brings strong technical expertise and a team of more than 280 professionals. Its founders will retain a 20% stake and continue to guide the company’s growth trajectory, gaining the resources and support to accelerate expansion. 

This strategic move reflects our shared commitment to diversifying portfolios, driving innovation, and advancing the adoption of efficient, sustainable construction technologies in Southeastern Europe. Together with TITAN, we are already actively evaluating further opportunities to grow the precast concrete solutions business in the region.