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Jun 13, 2008

Anglo sells Tarmac unit to Holcim for $230m

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Aggregate|Concrete|Mining
Aggregate|Concrete|Mining
aggregate|concrete|mining
© Reuse this Global mining giant Anglo American on Friday announced its intention to sell ready-mix concrete and aggregate supplier Tarmac Iberia to Holcim Spain for up to $230-million.

Tarmac Iberia’s primary markets in the greater Madrid, Mediterranean coast and Catalonia areas and in 2007 reported net sales of $284-million.

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


Edited by: Creamer Media Reporter
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