Disposal of Ockwells to SIG

Momentum Corporate Finance acted as lead adviser on the disposal of Ockwells to SIG plc, an international supplier of insulation, roofing, commercial interiors and specialist construction & safety products. The terms of the transaction were not disclosed.

As part of the SIG group, Ockwells is well-positioned to continue to capitalise on the growing market for its core products whilst also expanding into other related end-user markets.

Momentum ran a tightly controlled auction process involving both trade and private equity that delivered an excellent result for all of the shareholders.

Ockwells Limited is a leading manufacturer and distributor of temporary protection materials and specialist building products in the UK. The business has an enviable blue-chip customer base which includes many of the UK’s leading house builders and construction companies.

• Momentum worked with the shareholders over a 12 month period, helping to groom the business for sale. This illustrates Momentum’s commitment to working with their clients over the long term.
• Momentum’s partner led approach to doing deals was key to delivering the best possible outcome for the shareholders.
• This is the second transaction completed by Momentum in the building products sector in the last 18 months.