Dec 11, 2023 / 07:00AM GMT
Max Vermorken SigmaRoc plc-CEO
We've announced the acquisition of CRH's assets across Northern Europe. It's a EUR1 billion transaction, split across EUR825 million upfront and the EUR175 million deferred consideration. What it will do is it will bring our business to a completely different level by the integration of three sets of assets.
Part one will include assets in Germany, the Czech Republic, and Ireland. The second step are the assets in the UK; they are a carve-out. And then a further step the assets in Poland, a further carve out. It's a meaningful step for the SigmaRoc Group. It catapults us from the group we have today, a fantastic business, to a leader in its sector and industrial minerals business exposed to a multitude of different industries, be they industrial, paper, environmental, or construction. It's a transaction that we have carefully studied for years, carefully looked at, could we one day consider this, and it became available. And as a result of that, we studied it in detail and found a way we believe to make it work operationally and financially.
There
Sigmaroc PLC SigmaRoc agrees to acquire CRH's European Lime Perimeter Transcript
Mar 05, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers