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Tarmac speculation spirals

From the moment Anglo American announced they were putting Tarmac up for sale, speculation has been mounting about potential bidders for the building materials firm.

Tarmac speculation spirals

The front-runner according to many sources appears to be Lafarge Group. This would appear to be a good fit, one industry expert told BuildersMerchantsJournal.net, as Lafarge do not currently have blocks as part of their portfolio, so the acquisition would seem to fill a rather obvious gap.

However, Holcim, the company that bought Aggregate Industries for £1.8bn in 2005, have also been rumoured to be interested in making an offer. Others, including Cemex, CRH of Ireland and Orascom Construction Industries, have all been put in the frame as potential buyers.

Each of the companies is playing its cards close to its chest, and with city analysts valuing Tarmac at around £4bn that’s hardly surprising – this is no small acquisition.

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About Fiona Russell-Horne

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

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