Tarmac receives proposal from potential purchaser

Building materials firm Tarmac could be sold to an acquisition vehicle Marwyn Materials Ltd which has approached parent group Anglo American with a proposal to buy, according to Sky News.

Anglo has been seeking to dispose of Tarmac for some years, but has been prepared to wait until economic recovery can ensure a good price.

Anglo first put the For Sale sign up at Tarmac in 2007, when French cement giant Lafarge and Irish building materials group CRH both expressed an interest.

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

Check Also

Premier Forest Products praised at the Senedd

Senedd praises Premier Forest Products Corporate Parenting Programme

UK timber supplier Premier Forest Products has been applauded by Wales First Minister Rhun ap …