Sale of Tarmac's European bus

RNS Number : 1796H

Anglo American PLC

16 February 2010

 



News Release

16 February 2010

Anglo American sale of Tarmac’s European businesses

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.

For further information, please contact:

United Kingdom

James Wyatt-Tilby, Media Relations

Tel: [phone]

Caroline Metcalfe, Investor Relations

Tel: [phone]

Leisha Wemyss, Investor Relations

Tel : [phone]

South Africa

Pranill Ramchander, Media Relations

Tel: [phone]

Anna Poulter, Investor Relations

Tel: [phone]

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.

 

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