Eurovia acquires 100 quarries in Europe

10 March 2010 - Acquisitions

Eurovia has just agreed to buy the French, German, Polish and Czech quarries of mining group Anglo American plc’s subsidiary Tarmac. The deal (subject to approval by the relevant competition authorities) concerns some 100 hard rock, sand and gravel extraction sites (annual output: around 30 million tons), employing nearly 1,000 people and generating annual sales worth approximately €150m.
This acquisition will enable Eurovia to increase its aggregate production by 40%, complete its supply network in Europe and strengthen its industrial capacity in countries where road construction activity is growing strongly.