Anglo American plc announces that it has agreed the sale Tarmac’s construction aggregates businesses in France, Germany, Poland and the Czech Republic to Eurovia,a subsidiary of the Vinci Group.
16 February 2010
Anglo American plc announces that it has agreed the sale Tarmac’s construction aggregates businesses in France, Germany, Poland and the Czech Republic to
Eurovia,a subsidiary of the Vinci Group.
In a separate transaction, Anglo American has agreed the sale of Tarmac’s Polish concrete products business to Innova/4 LP, a Central European private equity
fund advised by Innova Capital.
Combined proceeds are expected to be approximately $400 million. Both transactions are subject to regulatory clearance.
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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 Poulter, Investor Relations
Tel: +27 (0)11 638 2079
Notes to Editors:
Anglo American plc is one of the world’s largest mining groups. With its subsidiaries, joint ventures and associates, it is a global leader in platinum group metals and diamonds, with significant interests in copper, iron ore, metallurgical coal, nickel and thermal coal, as well as a divestment portfolio of other mining and industrial businesses. The Group is geographically diverse, with operations in Africa, Europe, South and North America, Australia 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.
Eurovia, a subsidiary of VINCI Group, is a leader in Europe in construction, upgrade, and maintenance of roadway and railway infrastructure. Eurovia operates in 15 countries and employs 41,500 people; in 2009, it generated revenues of €8 billion.