Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Mittal buys part of Tarmac and Lafarge UK business

Steel giant Mittal is to buy Lafarge’s UK construction materials operations as well as Tarmac’s 50% ownership in Midland Quarry Products for up to £285M, the firm announced today.

Lafarge and Tarmac owner Anglo American have agreed the sale following a probe by the Competition Commission which cleared plans to merge Lafarge UK and Tarmac in May provided the firms sell some of their plants.

The sale to Mittal involves:

  • Tarmac’s 50% ownership interest in Midland Quarry Products
  • Cement plant in Hope, Derbyshire, with a capacity of 1.4M tonnes, plus related depots
  • Network of 172 ready mix concrete plants;
  • Five aggregates quarries, two asphalt plants, one marine aggregates wharf and one rail-linked aggregates depot

A small number of sites on the Commission’s divestment list will not be sold to Mittal Investments and will be divested separately. These sites are Tarmac Selby and Thirsk RMX, and Lafarge Greenock, Newport and Whisby RMX.

Completion of the Tarmac-Lafarge UK merger is due early next year

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.