Business
SIG plc Stock, Distribute & Resell Zenova Products
SIG plc Stock, Distribute & Resell Zenova Products.
About this update from Zenova Group Plc
[{"type":"text","content":"\n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 (\"MAR\") WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN\n \n \n \n \n \n 7 September 2022\n \n \n \n \n \n Zenova Group PLC\n \n \n (\"Zenova\", the \"Company\" or the \"Group\")\n \n SIG plc to\n S\n tock, Distributeand ResellZenovaproducts\n \n \n \n \n \n \n Zenova Group PLC (AIM: ZED), a provider of innovative fire safety and heat management technology and products, is pleased to announce that SIG plc (\"SIG\") has entered into a strategic relationship with Zenova and is stocking in its innovative products to distribute to its customers.\n \n \n \n SIG is a leading supplier of specialist insulation and sustainable building products and solutions to construction customers across Europe. With annual revenue of £2.3 billion, SIG employs more than 6,800 people in over 425 trading sites across the UK, France, Germany, Ireland, Benelux, and Poland.\n \n SIG has placed an initial order of circa £40k for Zenova products consisting of ZENOVA primers, ZENOVA IP thermal insulation paint, ZENOVA IR thermal insulation render and ZENOVA FP fire protection paint. Alongside the order, Zenova will work with SIG to provide training to its staff on the products, which will be sold via SIG's UK branches and associated websites. As a result Zenova anticipates that a substantial order book will build from this relationship.\n \n \n Russell Pagan (SIG UK's Business Development Director) commented: \"I am pleased that SIG UK are a strategic partner of Zenova, helping to bring their innovative solutions to market.\"\n \n \n \n Commenting on the news, Tony Crawley, CEO of Zenova Group PLC, said:\n \n \n \"SIG has a long- established focus on products and solutions that help drive energy-efficiency and we are delighted to be supplying SIG with Zenova's products for sale in the UK.\n \n \n \n \n \n \n \n \"As a leader in its respective markets, SIGplays a critical role in mitigating climate change across the construction industry and its insight and specialist knowledge is something customers r...