Titan America
Titan America SA is a public limited company (“naamloze vennootschap”/”société anonyme”) registered in Belgium under enterprise number BE 1011.751.174. The Crossroads Bank for Enterprises (KBO/BCE) records the company’s start date as 19 July 2024 and its current registry status as active. Its registered office is at Place Sainte-Gudule 14, 1000 Brussels, an address the company’s own investor-relations materials describe as its corporate headquarters. The KBO records the company’s principal activity under NACE code 64.210, “activities of holding companies.”
Titan America SA is the direct holding company for the Titan group’s North American building-materials business. Operating principally through US subsidiaries along the Eastern Seaboard — Florida, the New York/New Jersey metropolitan area, Virginia, North Carolina and South Carolina — the group manufactures and supplies cement, ready-mixed concrete, aggregates, concrete block and fly ash, together with related services, to construction and infrastructure customers. Titan America’s own disclosures describe its US operations as dating to 2000 and the wider Titan cement business as tracing its roots to 1902; these are business-history claims made by the company about its operations rather than facts about the Belgian legal entity, which was itself only incorporated in July 2024.
Titan America SA’s common shares began trading on the New York Stock Exchange on 7 February 2025 under the ticker “TTAM,” following an initial public offering of 24,000,000 shares priced at $16.00 per share — 9,000,000 newly issued by the company and 15,000,000 sold by its parent — which closed on 10 February 2025.
For the year ended 31 December 2025, Titan America reported consolidated revenue of $1.66 billion, up 1.8% from $1.63 billion in 2024, net income of $185.4 million, and Adjusted EBITDA of $389.7 million. These are consolidated group figures reported to the US Securities and Exchange Commission and are distinct from Titan America SA’s own unconsolidated Belgian statutory accounts, which reported total assets of approximately €2.81 billion and an average of 0.8 full-time-equivalent employees for financial year 2025.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
Shareholders of Titan America SA
Titan America SA’s shareholder base is not fully public, consistent with disclosure practice for a foreign private issuer whose shares list on a US exchange rather than a Belgian one. The one disclosed holding is that of Titan Cement International SA (Euronext Brussels: TITC; Belgian enterprise number BE 0699.936.657), which, according to Titan America’s own announcement of its IPO closing, held 160,362,465 common shares immediately after the offering closed on 10 February 2025 — approximately 87% of Titan America SA’s total outstanding common shares at that date. The remaining approximately 13% represents shares sold in the IPO and now held in public free float on the New York Stock Exchange. The Belgian KBO/BCE register records Titan America SA’s total share capital as USD 1,753,624,650.00 but, consistent with Belgian disclosure practice for companies of this type, does not itemise individual shareholders beyond what the company discloses itself.
Ultimate beneficial ownership
No individual was reliably identified as an ultimate beneficial owner of Titan America SA in this review. Titan Cement International SA, the disclosed 87% shareholder, is itself a widely held company listed on Euronext Brussels, Euronext Paris and the Athens Exchange; no single natural person controlling 25% or more of Titan America SA, directly or indirectly, was confirmed from the primary sources reviewed.
Data availability
Major shareholders only: the controlling shareholder is disclosed through Titan America SA’s own IPO closing announcement and related NYSE listing disclosures, but the company does not publish a complete register of minority or free-float shareholders, and the disclosed 87% figure reflects the position at the 10 February 2025 IPO closing rather than a more recent date.
Sources
Crossroads Bank for Enterprises (KBO/BCE), Belgium — enterprise file BE 1011.751.174, retrieved 24 September 2026.
Titan America SA, “Titan America Announces Closing of Initial Public Offering,” Businesswire press release, published 10 February 2025, retrieved 24 September 2026.
Companyweb.be — Titan Cement International (SA), enterprise BE 0699.936.657, retrieved 24 September 2026.
FSMA (Belgian Financial Services and Markets Authority), Titan Cement International prospectus listing, retrieved 24 September 2026.
Officers
5
Directors and officers of Titan America SA
The Belgian KBO/BCE company register lists eight active directors (“bestuurders”) of Titan America SA, with no resignation date recorded for any of them as of this review (24 September 2026). Michael Colakides is the longest-serving director, appointed 17 July 2024, the company’s incorporation date. Marcel Cobuz, Vassilios Zarkalis, James Bachmann, William Antholis, Sandra Soares Santos and Willem Van der Smissen were all appointed 10 February 2025, coinciding with the closing of the company’s IPO. Evangelina Kostakis is the most recently appointed director, joining 5 May 2026. Titan America’s own investor-relations disclosures identify Marcel Cobuz as Chairman of the board and Vassilios (“Bill”) Zarkalis as President, Chief Executive Officer and director; Michael Colakides is also identified as Chief Financial Officer of Titan Cement Company S.A., a related group entity. Nationality is not disclosed in the KBO register for any director and was not separately confirmed from other official sources for this profile.
Recent officer changes
Evangelina Kostakis was appointed director effective 5 May 2026, per the KBO/BCE register.
Nikolaos Andreadis served as a director from 17 July 2024 until 10 February 2025, when several board seats changed around the IPO closing, per the KBO/BCE register.
Six directors — Marcel Cobuz, Vassilios Zarkalis, James Bachmann, William Antholis, Sandra Soares Santos and Willem Van der Smissen — were appointed together on 10 February 2025, per the KBO/BCE register.
Data availability
Full: the KBO/BCE register discloses current and recent former directors with appointment and resignation dates, but it does not publish nationality, country of residence or occupation; those fields are given here only where independently confirmed by the company’s own investor-relations disclosures.
Sources
Crossroads Bank for Enterprises (KBO/BCE), Belgium — enterprise file BE 1011.751.174, director listing, retrieved 24 September 2026.
Titan America SA, “Board of Directors,” investor relations website (ir.titanamerica.com/governance/board-of-directors), retrieved 24 September 2026.
Registry feed — rows exactly as filed with Crossroads Bank for Enterprises (KBO/BCE), including entries the profile above does not cover.
Group Structure
Group structure of Titan America SA
Titan America SA is part of a verified corporate group headed by Titan Cement International SA (Belgium, enterprise number BE 0699.936.657), a company listed on Euronext Brussels, Euronext Paris and the Athens Exchange. Titan Cement International SA is both the immediate and, on the sources reviewed, the ultimate identifiable parent of Titan America SA, holding approximately 87% of its outstanding common shares (160,362,465 shares) as of the 10 February 2025 closing of Titan America SA’s initial public offering. Titan America SA in turn functions as the holding company for the Titan group’s North American building-materials operations. This profile presents only the verified parent relationship confirmed from primary sources; it does not attempt to independently re-verify every operating subsidiary beneath Titan America SA or the wider Titan group’s other national entities across Greece, Cyprus, the Netherlands, the United Kingdom, Germany and elsewhere, which fall outside the direct relationship verified here. Group-linkage information was last reviewed on 24 September 2026.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Titan Cement International SA | Belgium | BE 0699.936.657 | Immediate and ultimate parent | 87% (160,362,465 common shares) | Active; listed on Euronext Brussels, Euronext Paris and the Athens Exchange | 10 Feb 2025 |
Recent structural changes
Initial public offering of Titan America SA on the New York Stock Exchange, closed 10 February 2025: 9,000,000 new shares issued by Titan America SA and 15,000,000 existing shares sold by Titan Cement International SA, reducing the parent’s stake to approximately 87% of outstanding shares.
Data availability
Parent only: the immediate and ultimate parent shareholding is verified through Titan America SA’s own IPO closing announcement and NYSE listing disclosures. Titan America SA’s US operating subsidiaries are referenced in its SEC filings but were not individually re-verified in this review, so they are omitted from the table above rather than presented as confirmed corporate links.
Sources
Crossroads Bank for Enterprises (KBO/BCE), Belgium — enterprise file BE 1011.751.174, retrieved 24 September 2026.
Companyweb.be — Titan Cement International (SA), enterprise BE 0699.936.657, retrieved 24 September 2026.
Titan America SA, “Titan America Announces Closing of Initial Public Offering,” Businesswire press release, published 10 February 2025, retrieved 24 September 2026.
Titan
Belgium
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Frequently Asked Questions
What does Titan America do?
Titan America SA (BE 1011.751.174) is a Belgian holding company for the Titan group's North American building-materials operations, supplying cement, ready-mixed concrete, aggregates, concrete block and fly ash along the US Eastern Seaboard.
Who owns Titan America?
Titan Cement International SA (Euronext Brussels: TITC) held approximately 87% of outstanding shares (160,362,465 shares) as of the IPO's 10 February 2025 closing; the remainder is public free float.
Who is Titan America's UBO (Ultimate Beneficial Owner)?
No individual ultimate beneficial owner was reliably identified; the 87% shareholder, Titan Cement International SA, is itself a widely held listed company.
What is Titan America's company registration number?
Titan America's registration number is 1011751174, filed with Crossroads Bank for Enterprises (KBO/BCE) in Belgium. Its current status on the register is active.
Is Titan America still an active company?
Titan America's status on Crossroads Bank for Enterprises (KBO/BCE) is listed as active.
When was Titan America incorporated?
Titan America was incorporated on 19 July 2024, according to Crossroads Bank for Enterprises (KBO/BCE).
What is Titan America's registered address?
The registered address on file for Titan America is Belgium.
What legal structure is Titan America registered as?
Titan America is registered as a Public Limited Company in Belgium.
What is Titan America's revenue?
Consolidated revenue of $1.66 billion for the year ended 31 December 2025, up 1.8% from $1.63 billion in 2024 (company reporting to the SEC).
Is Titan America listed on a stock exchange?
Listed on the NYSE under ticker TTAM since 7 February 2025, following an IPO of 24,000,000 shares priced at $16.00 per share.
Who are the officers/directors of Titan America?
Eight active directors per the Belgian KBO register, chaired by Marcel Cobuz, with Vassilios Zarkalis as CEO and President; longest-serving director Michael Colakides since incorporation on 17 July 2024.
Does Titan America have a parent company or subsidiaries?
Immediate and ultimate parent is Titan Cement International SA (BE 0699.936.657), listed on Euronext Brussels, Euronext Paris and the Athens Exchange; Titan America SA holds the group's US building-materials subsidiaries.
Can Zavia monitor changes to Titan America's ownership over time?
This profile reflects a point-in-time snapshot from Crossroads Bank for Enterprises (KBO/BCE). Zavia's monitoring API can track changes to Titan America's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access Titan America's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Belgium, so records like Titan America's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Crossroads Bank for Enterprises (KBO/BCE) and was last synced on 24 September 2026.