Tarmac up for sale

By Chris Sleight13 June 2008

Mining company Anglo American has put its aggregates business Tarmac up for sale. The business has a strong presence in the UK, with further operations in other parts of Europe as well as the Middle East.

Anglo American CEO Cynthia Carroll said, “In May I announced that we were evaluating Tarmac’s fit within our portfolio of assets, and as a result of this review we have decided that Tarmac is not core to the future development of Anglo American as a focused mining company and a sale process will be initiated.”

Anglo American has reportedly received expressions of interest from private equity companies as well as other materials producers. It expects to conclude the sale in the first half of next year.
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Meeting different requirements in falsework and formwork
Innovation is driving some of the world’s most ambitious infrastructure projects but how are those in the falsework and formwork sector keeping up? Catrin Jones investigates
Online exclusive: Epiroc R&D experts on alternative power, testing, and more
The R&D team at Epiroc talk about what projects they are working on, the testing process and what’s next for the construction industry 
Versatile compact loaders
International Construction looks at innovation in compact loaders
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com