Sigmaroc Plc · LSE:SRC
Sigmaroc — Merger or Acquisition (November 2018)
13 slides from Sigmaroc's merger presentation, November 2018
Slide 1: Presentation: CCP Building Products Ltd
Presentation T CCP Building F Products Ltd RA D 7 - 9 Swallow Street London W1B 4DE United Kingdom Phone: +44 20 7129 7828 Email: info@sigmaroc.com Web: www.sigmaroc.com 1 / Strictly Confidential - SigmaRoc 2018
Slide 2: SigmaRoc plc company profile
SigmaRoc plc company profile SigmaRoc plc is an AIM quoted company that Invests in, Improves and Integrates companies within the construction materials space in Europe. SigmaRoc presently operates across platforms in the UK and is looking to expand both organically and through acquisition. Its focus
Slide 3: A quarrying and concrete products group
A quarrying and concrete products group One of the largest independent privately-owned manufacturer and supplier of concrete products and aggregates in the North West of England and North Wales, built on the foundations of 50 years of service to the industry with coverage to the south of Birmingham
Slide 4: CCP history from inception to date
CCP history from inception to date Wheelock Llay Site Middlewich Site Trading Business Aberdo Quarry Inception: Sale: MBO: Growth: Acquisition: Amalgamation: Acquisition: Established as Establishment of MBO by current Purchase of Purchase of Bury Creation of CCP Purchase of block and Middlewich site
Slide 5: Investment criterion #1: Strong Asset footprint
Investment criterion #1: Strong Asset footprint CCP comes with a very attractive asset footprint with high barriers to entry, including secured internal raw material supply and setup capital approximately £22m on Llay and Middlewich alone. The Llay facility, acquired from Marshalls plc, is a fully a
Slide 6: Investment criterion #2: Strong market presence
Investment criterion #2: Strong market presence Majors have been divesting/closing assets in the North West region as they focus on their core upstream businesses. Independents are taking over that North West market presence through organic growth and acquisitions. CCP has grown in the block market
Slide 7: Investment criterion #2: Strong market presence
Investment criterion #2: Strong market presence Region is one of fastest growing in the UK with key focus in residential, commercial and industrial construction, with East Midlands being consumed by HS2 hub. Additionally, the M6 corridor provides access into the North-West and down towards Birmingha
Slide 8: Investment criterion #3: Profitability potential
Investment criterion #3: Profitability potential Growth of EBITDA will be achieved entirely organic which will be driven by the last few years investments and preparations. Preparations have included roll-out of production plans and asset optimisation of the existing plant. The retained team is ince
Slide 9: Investment criterion #4: Great strategic fit
Investment criterion #4: Great strategic fit CCP is an excellent strategic fit within our Precast platform SigmaPPG. CCP extends our expertise, footprint, product offering and scale. It brings to the existing PPG structure a production hub in the North-West with access into North Wales and the M6 co
Slide 10: SigmaRoc management and reporting structure
SigmaRoc management and reporting structure SigmaRoc plc operate a lean management and reporting structure with each platform being managed semi-autonomously by a managing director reporting directly into the CEO. CCP will form part of the SigmaPPG platform sharing competences, customer accounts, pr
Slide 11: Summary of acquisition rationale
Summary of acquisition rationale Impressive concrete products and quarrying business based around a major consumption hub in North West. The business was created through an MBO in 2005 and has been developed into a significant supplier. lt turned over £20.9m for £2.7m LTM Adj. EBITDA to 31 August 20
Slide 12: Disclaimer
Disclaimer ▪ These Presentation Materials do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities in SigmaRoc Plc (the “Company”) (“Company Securities”) nor shall they or any part of them form the basis
Slide 13: Slide 13