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New Deal


Announced

SigmaRoc to acquire Nordkalk from Rettig for €500m.

Financials

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Transaction Value£427m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.8x
EV/EBITDA7.46x
Share Price Premium-
One Off Charge-

Tags

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Finland

Private Equity

limestone products

Private

Acquisition

Pending

Cross Border

Friendly

General Mining

Majority

Single Bidder

Synopsis

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SigmaRoc, a building material company, agreed to acquire Nordkalk, a limestone producer, from Rettig, a Finnish family held investment company, for €500m ($591m). "Nordkalk is a well-established & well-respected business with a substantial asset footprint spanning across Northern Europe. It has a long history of success and much future potential. This acquisition creates a raft of new opportunities for SigmaRoc to capitalise on in the months and years ahead. I welcome Rettig Group as a shareholder to SigmaRoc. Their commitment is a strong sign of confidence in the future of our Group," David Barrett, SigmaRoc Chairman.

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