REG - SigmaRoc PLC - Completion of Johnston Quarry Group Acquisition

SigmarocAnnouncement

01/02/2022 07:00

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RNS Number : 2328A  SigmaRoc PLC  01 February 2022

1 February 2022

 

(EPIC: SRC / Market: AIM / Sector: Construction Materials)

 

SIGMAROC PLC

 ('SigmaRoc', the 'Group' or the 'Company')

 

Completion of Johnston Quarry Group Acquisition

 

SigmaRoc (AIM: SRC), the AIM quoted quarried materials group is pleased to
announce, further to its announcement of 4 January 2022, that it has completed
the acquisition of Johnston Quarry Group Limited ('JQG'). JQG is a
high-quality producer of construction aggregates, building stone and
agricultural lime across eight sites in England.

 

Together with G.D. Harries, a subsidiary of the Company operating six quarries
in Wales, JQG will expand SigmaRoc's offering of construction materials and
agricultural lime to service customers in England and Wales. The expansion of
the Group's product offering and geographical reach will benefit both
companies, as well as the Group's Precast Products Group ('PPG') platform.

 

Max Vermorken, CEO of SigmaRoc, commented:

 

'We are pleased to close the acquisition of Johnston Quarry Group and to
formally welcome its 69 staff to the SigmaRoc Group. As with every business we
have bought to date, we aim to see it flourish, by respecting its history, its
people and building on its strengths. The expanded offering across Southern
England and Wales and interaction with the Group's PPG platform will deliver
further synergies and growth.'

 

Information on the Company is available on its website, www.sigmaroc.com
(http://www.sigmaroc.com) .

 

 SigmaRoc plc                                             Tel: +44 (0) 207 002 1080

 Max Vermorken

 Strand Hanson Limited (Nominated and Financial Adviser)  Tel: +44(0) 207 409 3494

 James Spinney / James Dance / Rob Patrick

 Liberum Capital (Co-Broker)                              Tel: +44 (0) 203 100 2000

 Neil Patel / Jamie Richards / Ben Cryer

 Peel Hunt (Co-Broker)                                    Tel: +44 (0) 20 7418 8900

 Mike Bell / Ed Allsopp

 Investor Relations                                       Tel: +44 (0) 207 002 1080

 Dean Masefield / Florian Werner                          ir@sigmaroc.com

 

 

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