Sale of Tarmac French and Bel

RNS Number : 2954L
Anglo American PLC
04 May 2010
 



News Release
4 May 2010
Anglo American sells Tarmac’s French and Belgian
building materials business

 

Anglo American plc announces the sale of Tarmac's French and Belgian building materials business, Tarmac Matériaux de Construction ("TMC"), to Fondations Capital for a total enterprise value of €67 million (approximately $88 million).

 

TMC is one of the leading independent producers of concrete blocks in the French and Belgian markets, producing prefabricated concrete blocks, such as street kerbs and paving stones.

 

 

 

For further information, please contact:

 

United Kingdom

 

James Wyatt-Tilby, Media Relations

Tel: +44 (0)20 7968 8759

 

Caroline Metcalfe, Investor Relations

Tel: +44 (0)20 7968 2192

 

Leisha Wemyss, Investor Relations

Tel : +44 (0)20 7968 8607

 

South Africa

 

Pranill Ramchander, Media Relations

Tel: +27 (0)11 638 2592

 

Anna Mulholland, Investor Relations

Tel: +27 (0)11 373 6683

 

Notes to Editors:

 

Anglo American plc is one of the world's largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Its portfolio of mining businesses spans precious metals and minerals - in which it is a global leader in both platinum and diamonds; base metals - copper and nickel; and bulk commodities - iron ore, metallurgical coal and thermal coal. Anglo American is committed to the highest standards of safety and responsibility across all its businesses and geographies and to making a sustainable difference in the development of the communities around its operations. The company's mining operations and extensive pipeline of growth projects are located in southern Africa, South America, Australia, North America and Asia. 

www.angloamerican.co.uk

 

 

Tarmac is a 100%-owned subsidiary of Anglo American plc. Tarmac is an international producer of heavy building materials and, in the UK, is a market leader in aggregates, asphalt, mortar, ready-mix concrete, with significant operations in concrete products, lime and cement.

 


This information is provided by RNS
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