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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

Fiona Russell-Horne
Group Managing Editor across the BMJ portfolio.

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