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SigmaRoc's acquisition of CCP 'the right next step' for the company

SigmaRoc PLC's (LON:SRC) chief executive Max Vermorken discusses with Proactive London the acquisition of concrete blocks and paving stones maker CCP Building Products for £15.21mln.

In the 12 months to the end of August, CCP generated revenue of £20.9mln and delivered adjusted underlying earnings (EBITDA) of £2.6mln.

To help finance the deal, SigmaRoc's increased its credit facility with Santander by £14mln to £34mln.

Quick facts: SigmaRoc

Price: 45.7 GBX

AIM:SRC
Market: AIM
Market Cap: £115.96 m
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