SigmaRoc completes acquisition of Welsh quarrying group GDH

Writer,

Construction materials company SigmaRoc said it had completed the acquisition of the remaining 60% equity interest in Welsh quarrying group GDH that it didn't already own.

The deal was completed in line with the company's announcements on 15 April 2019 and 1 September 2020.

'SigmaRoc will be working closely with the GDH management team to grow and develop the business in South Wales, focusing on a number of prospects and significant opportunities for the business during the remainder of the year and into 2021,' SigmaRoc said.


Related content

SigmaRoc releases trading update

Construction materials group SigmaRoc has provided a trading update for the year ended December 31, 2020, ahead of the publication of its audited results, on...

Thu, 04/02/2021 - 09:45


SigmaRoc secures £125m credit facility led by Santander UK

Heavy construction materials group SigmaRoc said it had entered into a new credit facility of up to £125 million led by Santander UK and including...

Tue, 22/12/2020 - 09:20


SigmaRoc forecasts earnings beat; launches £12.4m equity raising

Heavy construction materials group SigmaRoc said it expected its underlying annual results to be 'comfortably' head of market expectations amid a large rise in revenue....

Wed, 09/12/2020 - 08:57


SigmaRoc profit rises following Carrieres du Hainaut acquisition

Construction materials group SigmaRoc posted a rise in first-half profit after its acquisition of Carrieres du Hainaut last October boosted sales.

Pre-tax profit for the...

Mon, 07/09/2020 - 09:36


SigmaRoc acquires remaining 60% of GDH for £7.5m

Construction materials group SigmaRoc said it had agreed to acquire the remaining 60% of Welsh quarrying company GDH that it didn't already own for £7.5m....

Tue, 01/09/2020 - 07:36