Disposal of Ockwells Limited to SIG plc

  • Distributor of specialist building products 
  • Company sale 
  • Undisclosed

Momentum Corporate Finance acted as lead adviser on the disposal of Ockwells Limited 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.

Some key deal features

  • 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.

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