Tarmac and Lafarge merger plans set back by Breedon pullout
15th October 2012
THE proposed merger between Wolverhampton building industry giant Tarmac can and Solihull rival Lafarge has been derailed after Breedon Aggregates pulled out of the bidding for the firms’ assets.
Back in May the Competition Commission ruled that Tarmac could merge with Lafarge - but only if certain assets are sold.
A plan to create a 50:50 joint venture to combine Tarmac and Lafarge’s UK aggregates, asphalt, ready-mix concrete, cement, road contracting services and waste services had been with the commiss......for the full story register now for free or login below...
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