Our Business Model

Invest

Only in businesses with solid intrinsic value;

Only in businesses with the potential to be improved and grown;

Only in businesses which can be bought at an attractive valuation.

Improve

The motivation of management to drive growth;

The ultimate offering to the local market and community;

The operational and financial performance of the business.

Integrate

By building platforms of compatible businesses;

By unlocking those synergies which do not come at a significant cost;

By recognising the value of what previous owners built.

Innovate

By providing product and service solutions to current and future problems;

By embracing technological advance within the running of our businesses;

By challenging the status quo to drive our businesses and industry forward to meet social and environmental challenges ahead.

Invest

Only in businesses with solid intrinsic value;

Only in businesses with the potential to be improved and grown;

Only in businesses which can be bought at an attractive valuation.

Improve

The motivation of management to drive growth;

The ultimate offering to the local market and community;

The operational and financial performance of the business.

Integrate

By building platforms of compatible businesses;

By unlocking those synergies which do not come at a significant cost;

By recognising the value of what previous owners built.

Innovate

By providing product and service solutions to current and future problems;

By embracing technological advance within the running of our businesses;

By challenging the status quo to drive our businesses and industry forward to meet social and environmental challenges ahead.

Our Business Model

Every acquisition is made on the basis that it can stand on its own two feet and not just be a route to market. Historically in our industry, standalone business have been purchased due to their individual success, often to only become routes to market and have their value eroded. Our decentralised business model allows us to ensure that all our product and service offerings perform the best they can, leveraging group opportunities where it is in their best interest. This has allowed us to build a competitive construction materials group focussed on the long term benefits our industry has to offer. The ability to extract the maximum value of every product and service we offer has been conceived on 5 simple statements:

 

1 | Commodity market set apart by quality of product and service

A family approach of being local and personally known to the customer base, with the management skill and approach of a Major allows our business to compete with anyone.

 

2 | Local products that do not travel

Construction materials are a local product, consumed and produced locally, due to their high mass to price ratio. This brings a particular dynamic to the sector, focussed on local and fragmented.

 

3 | Synergies are local not global

Each local market is different, with its own particularities, competitive pressures and local history. Our platform structure allows local synergies to be maximised that are best for each platform ensuring true cost savings and empowered businesses.

 

4 | Agility and speed

Autonomous local managers fully understand requirements of local markets; each decentralised business can decide what is best for it at any moment in time allowing nimble reactions to changing economic environments as well as major events such as COVID.

 

5 | Decentralised approach

A decentralised approach that extracts maximum competitive value from each business; reducing unnecessary central costs and ensuring self-sustaining value driven businesses; by empowering autonomous management. Our decentralised model allows our platforms and businesses to focus on their delivery whilst a lean group level structure ensures governance and performance of the operations and the ability to engage in proactive investment activities.

SigmaRoc Timeline

AUGUST 2016

Creation
of SigmaRoc PLC

SigmaRoc buys an AIM shell from Telecomessaging International

JANUARY 2017

First Acquisitions: Ronez and SigmaSY

Ronez Quarry

First acquisition of the Channel Islands leading construction materials business Ronez and the creation of the shipping division SigmaSY.

OCTOBER 2017

Acquisition
of Allen Concrete
and Poundfield

Precast at Poundfield

Following these acquisitions, a second platform was created: Precast Products Group, which offers precast concrete products. 

APRIL 2018

The South Wales Platform

A third platform is created with the acquisition of high PSV quarry, Foelfach

JANUARY 2019

Acquisition of CCP

Expanding Precasts Products Group into the North West with four sites concrete products group CCP.

APRIL 2019

Acquisition
of GD Harries

GD Harries – 26 Operations, 100m tonnes of reserves/resources and nearly 500 people employed – joins our South Wales Platform

OCTOBER 2019

Acquisition of Carrières du Hainaut and Cuvelier

Aerial View at CDH

Creation of the Group’s fourth platform, Dimension Stone, and expansion to the European market increasing the group market cap to over £100M

DECEMBER 2020

£125M credit facility and £12.4M funds raised

SigmaRoc closed off the year of 2020 with its entry into a new syndicated senior credit facility of up to £125 million led by Santander in addition to a succesful fundraiser of £12.4 million.

DECEMBER 2020

Creation of Greenbloc

The UK’s first sustainable cement-free concrete block. Produced by one of subsidiaries CCP, Greenbloc is an ultra-low carbon alternative to traditional cement. Low CO2. No compromise.

MARCH 2021

Expansion of the Group's Belgian Aggregates Operations

Granulats du Hainaut Plant

SigmaRoc enters into an agreement to assume control of LafargeHolcim’s quarrying operations, which are co-located at the Group’s Carrières du Hainaut Belgian business providing a platform for the significationt expansion of SigmaRoc’s European aggregates business.

APRIL 2021

Acquisitions of B-Mix Beton NV & Casters

The Group completes the acquisitions of B-Mix Beton NV and Casters, which become part of the Benelux platform alongside Granulats du Hainaut.