Completion of acquisition of CRH's Polish Lime ops

SigmaRoc PLC

02 September 2024

 

2 September 2024

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

SIGMAROC PLC

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

Completion of acquisition of CRH's Polish Lime operations

SigmaRoc, the Northern European lime and minerals group, is pleased to announce that, further to its announcement on 4 June 2024, it has today completed the acquisition of the Polish lime operations of CRH plc (the 'Polish Target').

This concludes the third and final acquisition as described in the announcement on 23 November 2023.

The Polish Target, CRH's Ovetill Investments SP. Z o.o, includes CRH's lime and limestone flour production, associated distribution network and assets in Poland.

Defined terms used throughout this announcement have the meanings set out in the admission document published by the Company on 23 November 2023 unless the context requires otherwise.

Information on the Company is available on its website, www.sigmaroc.com. 

For further information, please contact:

SigmaRoc plc Max Vermorken (Chief Executive Officer) Garth Palmer (Chief Financial Officer) Tom Jenkins (Head of Investor Relations)	Tel: [phone] [e-mail]
Liberum Capital (Nomad and Co-Broker) Scott Mathieson / John More / Dru Danford Deutsche Numis (Co-Broker) Richard Thomas / Hannah Boros	Tel: [phone] Tel: [phone]
Walbrook PR Ltd (Public Relations) Tom Cooper / Nick Rome	Tel: [phone] [e-mail] Mob: [phone]

About SigmaRoc plc:

SigmaRoc is a quoted European lime and minerals Group.

Lime and limestone are key resources in the transition to a more sustainable economy. New applications for lime and limestone products as part of a drive for sustainability include the production and recycling of lithium batteries, the decarbonisation of construction including through substitution of cementitious material and new building materials, and environmental applications including lake liming, air pollution and direct air capture.

SigmaRoc seeks to create value by purchasing assets in fragmented markets and extracting efficiencies through active management and by forming the assets into larger groups. It seeks to de- risk its investments through the selection of projects with strong asset backing.

 

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