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SigmaRoc acquire Finnish limestone quarries group Nordkalk 'a truly unique asset'

SigmaRoc acquire Finnish limestone quarries group Nordkalk 'a truly unique asset'

SigmaRoc PLC (LON:SRC) Max Vermorken, the chief executive of SigmaRoc talks to Proactive after conditionally agreeing to purchase Nordkalk, a wholly-owned subsidiary of Rettig Group.

SigmaRoc agreed to pay about £402mln for the Finnish limestone developer in what is classified by AIM as a reverse takeover.

The AIM-quoted group will issue around €50mln (roughly £43mln) of shares to Rettig with the rest of the consideration to be satisfied through cash.