# LafargeHolcim buys out Anglo American's 50% stake in LafargeTarmac for £992M

LafargeHolcim completed the acquisition of Anglo American's 50% share in LafargeTarmac for GBP 992 million, as a preliminary step to divest the business as required by the European Commission.

- Type: Acquisition
- Announced: 2022-02-07
- Where: United Kingdom
- Value: $1.30B (992.0M GBP)
- Status: completed
- Products: cement, aggregates, concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Anglo American](https://endata.com/companies/15317.md) (partner)
- [LafargeHolcim Group](https://endata.com/companies/19905.md) (acquirer)
- [LafargeTarmac](https://endata.com/companies/60871.md) (target)

## Sources

- [holcim.com](https://www.holcim.com/media/media-releases/lafargeholcim-buys-out-50-percent-interest-lafargetarmac-part-divestment-process), 2022-02-07: "As part of the preliminary steps to implement the disposals required by the European Commission for its approval of the merger to create LafargeHolcim."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.