Titan America (Ticker: TTAM) is a vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States. Incorporated in Belgium, the company provides materials that contribute to lower carbon emissions than traditional building materials and/or the beneficial reuse of waste materials. Titan America operates in Florida, the New York and New Jersey Metropolitan area, Virginia, North Carolina, and South Carolina. Their product portfolio includes cement and supplementary cementitious materials, aggregates, ready-mix concrete, concrete blocks, and other ancillary products.
Titan America will list on February 7, 2025, on NYSE. The firm is selling 24.0 million shares at the price range of $15.00-$18.00, with Titan America offering 9.0 million shares and the selling shareholder offering 15.0 million shares. The expected Market Capitalization at offer is $3041.94 million. The total offer size is $396.0 million. The offering is managed by Citigroup/Goldman Sachs/BofA Securities/BNP Paribas/Jefferies/HSBC/Societe Generale/Stifel.