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SigmaRoc acquires Belgian sea defence rock quarrying firm Stone Holdings

SigmaRoc PLC's (LON:SRC) Max Vermorken speaks to Proactive London after announcing they've agreed to buy Belgian sea defence rock quarrying firm Stone Holdings in a deal valued at €2.2mln including debt.

They're buying the company from shareholders Christophe de Limburg Stirum and Jacques Emsens, who own 40% and 60% of the business respectively.

Emsens will join the enlarged group as a non-executive director in the coming month following the completion of the acquisition.

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Price: 45 GBX

AIM:SRC
Market: AIM
Market Cap: £114.18 m
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