Acquisition

SIG PLC 17 October 2002 ACQUISITION OF CLYDESDALE ROOFING SUPPLIES LIMITED SIG plc has acquired Clydesdale Roofing Supplies Limited ('Clydesdale') for a consideration of circa £2m in cash. The Clydesdale is a long established and well respected, specialist roofing distributor with 9 branches in the North of England, generating circa £10m of sales. Clydesdale will continue to trade separately under its own name and the existing Managing Director, John McGuire, will stay with the business. The acquisition of Clydesdale continues SIG's successful strategy of making and integrating 'bolt-on' acquisitions and consolidates SIG's market leading position in the UK market. SIG now has 105 specialist roofing branches throughout the UK and Eire. J R Swynnerton This information is provided by RNS The company news service from the London Stock Exchange

Companies

SIG (SHI)
UK 100

Latest directors dealings