27th Jun 2007 07:01
SIG PLC27 June 2007 Acquisition of Lariviere SAS ("Lariviere")- Approval by French Competition Authorities SIG plc ("SIG"), the leading supplier of insulation, roofing, commercialinteriors and specialist construction products is pleased to announce that theFrench Competition Authorities have given their approval for the acquisition bySIG of Lariviere, which was announced on 24 May 2007 (conditional on suchapproval). Lariviere is the leading specialist roofing materials supplier inFrance. As there are no further conditions outstanding, SIG now expects to complete theacquisition shortly. Sales of Lariviere for the year ending 30 June 2007 are expected to be c. €340mfrom 83 branches and the acquisition of Lariviere will make SIG Europe's largestspecialist supplier of roofing materials. SIG will be issuing its usual mid-year Trading Statement on 6 July 2007. Enquiries: SIG plc 0114 285 6300David Williams, Chief ExecutiveGareth Davies, Finance Director Finsbury 020 7251 3801Faeth BirchGordon Simpson This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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