21st Nov 2005 07:00
SIG PLC21 November 2005 ACQUISITION UPDATE SIG plc, the leading supplier of specialist materials to the building andconstruction industries, announces that it has completed six acquisitions sincepublishing its Interim Results on 14 September 2005. Five of these acquisitions have been made in the UK with combined annualisedsales of around £57m, split across the roofing and specialist constructionproducts divisions. In addition a commercial interiors business in Germany withannualised sales of c. £5 million has being acquired. In total these sixacquisitions add a further 41 trading sites to the Group. Total considerationincluding assumed debt amounts to £41m. As a result, the total number of acquisitions completed by the Group in thecalendar year 2005 to date is 17, adding annualised sales of £138m and 62additional trading sites. The Group now has a total number of trading sites of481. The total acquisition consideration so far in 2005 amounts to £103m includingassumed debt. Enquiries:David Williams Chief Executive, SIG plc 0114 285 6300Gareth Davies Finance Director, SIG plc 0114 285 6300 Faeth Birch Finsbury Group 020 7251 3801Gordon Simpson This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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