SigmaRoc PLC Completion of Johnston Quarry Group Acquisition (2328A)
February 01 2022 - 12:59AM
UK Regulatory
TIDMSRC
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 .
SigmaRoc plc Tel: +44 (0) 207
Max Vermorken 002 1080
Strand Hanson Limited (Nominated and Financial Tel: +44(0) 207 409
Adviser) 3494
James Spinney / James Dance / Rob Patrick
Liberum Capital (Co-Broker) Tel: +44 (0) 203
Neil Patel / Jamie Richards / Ben Cryer 100 2000
Peel Hunt (Co-Broker) Tel: +44 (0) 20 7418
Mike Bell / Ed Allsopp 8900
Investor Relations Tel: +44 (0) 207
Dean Masefield / Florian Werner 002 1080
ir@sigmaroc.com
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END
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