Lafarge Tarmac to acquire Tarmac Building Products

摘要

Lafarge Tarmac have entered into an agreement with Anglo American to purchase Tarmac Building Products (TBP), subject to regulatory approvals. TBP, who employ around 800 staff across the UK and share offices with Lafarge Tarmac at Ettingshall and Buxton, are one of the UK's leading suppliers of heavy building materials, including blocks, mortar, bagged aggregates and cement products. Until 2012, TBP were part of the Tarmac Group, and this heritage - brand, culture, locations, product range etc - will complement Lafarge Tarmac's existing business. Lafarge Tarmac are also one of TBP's biggest suppliers. The decision to sell TBP, which has been up for sale since 2007, is understood to be in line with Anglo American's strategy to focus on their core mining portfolio. The transaction is expected to close in the firs half of 2014.