Momentum Corporate Finance acted as lead adviser on the disposal of Ockwells to SIG plc, an international supplier of insulation, roofing, commercial interiors and specialist construction & safety products. The terms of the transaction were not disclosed.
As part of the SIG group, Ockwells is well-positioned to continue to capitalise on the growing market for its core products whilst also expanding into other related end-user markets.
Momentum ran a tightly controlled auction process involving both trade and private equity that delivered an excellent result for all of the shareholders.
Ockwells Limited is a leading manufacturer and distributor of temporary protection materials and specialist building products in the UK. The business has an enviable blue-chip customer base which includes many of the UK’s leading house builders and construction companies.