(‘SigmaRoc’ or the ‘Company’)
Partnership with Tarmac, a CRH company
SigmaRoc plc, the buy-and-build construction materials group is pleased to announce it has entered into a licensing agreement with Tarmac Trading Limited (‘Tarmac’), for the manufacture, distribution and installation of its Shuttabloc™ system.
Shuttabloc™, developed by SigmaRoc subsidiary Poundfield Products Limited (‘Poundfield’), is a revolutionary precast retaining wall with internal reinforcing system and forms part of Poundfield’s offering of innovative offsite solutions. Protected by a series of patents, the Shuttabloc™ system has applications in the industrial, agricultural and infrastructure sectors.
The partnership entered into with Tarmac is an important next step in the development of Poundfield products, marrying scale, capability and client base with innovative product design. Tarmac will lead the commercialisation, production and installation of the Shuttabloc™ system with initial technical and advisory support from SigmaRoc and its subsidiary Poundfield.
Max Vermorken, CEO, commented:
“We are very excited to enter into this partnership with Tarmac, the UK’s leading construction materials business. They are by far the group best placed to ensure the success of a very innovative retaining wall system. Tarmac will bring the scale and onsite installation capacity required to take this innovative system to the next level”.
|SigmaRoc||Tel: +44(0)207 002 1080|
|Max Vermorken, CEO|
|Strand Hanson (Nominated and Financial adviser)||Tel: +44(0)207 409 3494|
|James Spinney / James Dance|
|Berenberg (Broker)||Tel: +44(0)203 207 7800|
|Ben Wright / Mark Whitmore / Laure Fine|
|TB Cardew (Financial PR adviser)||Tel: +44(0)207 930 0777|
|Ed Orlebar / Tom Allison / Alycia MacAskillemail@example.com|
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.