Sale of Tarmac Iberia

RNS Number : 6370W

Anglo American PLC

13 June 2008

 



News Release

13 June 2008

Sale of Tarmac Iberia

Anglo American plc announces that it has agreed to sell Tarmac Iberia S.A.U. to Holcim Spain, a subsidiary of Holcim Ltd., for a total consideration of up to €148 million ($230 million).

Tarmac Iberia is a significant supplier of ready-mix concrete and aggregates with primary markets in the Greater Madrid, Mediterranean coast and Catalonia areas and reported 2007 net sales of €183 million ($284 million).

Completion of the transaction is expected to take place by September 2008, subject to regulatory approval.

For further information, please contact:

United Kingdom

James Wyatt-Tilby, Media Relations

Tel: [phone]

Anna Poulter, Investor Relations

Tel: [phone]

Notes to Editors:

Anglo American plc is one of the world's largest mining and natural resource groups. With its subsidiaries, joint ventures and associates, it is a global leader in platinum group metals and diamonds, with significant interests in coal, base and ferrous metals, as well as an industrial minerals business. The Group is geographically diverse, with operations in Africa, Europe, South and North America, Australia and Asia. (www.angloamerican.co.uk)

 

END

 

 

DISEAKKDFEFPEEE