diff --git a/package/squid/Config.in b/package/squid/Config.in
index 726160b01d..0df2aedef6 100644
--- a/package/squid/Config.in
+++ b/package/squid/Config.in
@@ -13,6 +13,7 @@ config BR2_PACKAGE_SQUID
 	# needs fork()
 	depends on BR2_USE_MMU
 	select BR2_PACKAGE_LIBCAP
+	select BR2_PACKAGE_LIBTOOL
 	select BR2_PACKAGE_LIBXML2
 	help
 	  Caching proxy for the Web supporting HTTP, HTTPS, FTP, and
diff --git a/package/squid/squid.mk b/package/squid/squid.mk
index 473af2ac12..a3ccbbcf8e 100644
--- a/package/squid/squid.mk
+++ b/package/squid/squid.mk
@@ -10,7 +10,7 @@ SQUID_SITE = http://www.squid-cache.org/Versions/v4
 SQUID_LICENSE = GPL-2.0+
 SQUID_LICENSE_FILES = COPYING
 SQUID_CPE_ID_VENDOR = squid-cache
-SQUID_DEPENDENCIES = libcap host-libcap libxml2 host-pkgconf \
+SQUID_DEPENDENCIES = libcap host-libcap libtool libxml2 host-pkgconf \
 	$(if $(BR2_PACKAGE_LIBNETFILTER_CONNTRACK),libnetfilter_conntrack)
 SQUID_CONF_ENV = \
 	ac_cv_epoll_works=yes \
@@ -33,6 +33,8 @@ SQUID_CONF_OPTS = \
 	--enable-auth-ntlm="fake" \
 	--disable-strict-error-checking \
 	--enable-external-acl-helpers="file_userip" \
+	--disable-ltdl-install \
+	--without-included-ltdl \
 	--with-logdir=/var/log/squid/ \
 	--with-pidfile=/var/run/squid.pid \
 	--with-swapdir=/var/cache/squid/ \