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SigmaRoc complete acquisition of CRH’s UK lime operations

The UK lime business acquired by SigmaRoc operates from sites at Tunstead (pictured) and Hindlow in Derbyshire
The UK lime business acquired by SigmaRoc operates from sites at Tunstead (pictured) and Hindlow in Derbyshire

£133 million acquisition sees SigmaRoc become leading producer of lime products in the UK

FURTHER to their announcement on 4 March 2024, Northern European-quoted lime and limestone group SigmaRoc have today completed the acquisition of the UK lime operations of CRH plc for a total consideration of €155 million (approx. £133 million).

Founded in 1891 and headquartered in Buxton, Derbyshire, the business operates from Tarmac sites at Tunstead and Hindlow, with a total of five permitted lime kilns. Both sites will be retained by CRH, with material being sold to SigmaRoc under long-term supply agreements.

 

In the year ending 31 December 2022, CRH’s lime business generated revenue of €105.4 million (approx. £90 million) and an operating profit of €19.5 million (approx. £17 million).

 

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