Carrières du Hainaut

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Cobepa is pleased to announce the successful sale of Carrières du Hainaut (CDH) to SigmaRoc plc.

BRUSSELS – October 18th 2019 - The transaction was signed on October 15 and closed on October 18. The scope of the transaction includes 100% of directly and indirectly held share capital in CDH for an Enterprise Value of €81.3m.

CDH is Europe’s largest Bluestone quarry founded in 1888, with a 50% global market share. It is also a major aggregates quarry, producing 1.5m - 2m tonnes per year. Due to its high quality and distinctive characteristics, Bluestone is a Global Heritage Resource and a highly prized product that travels worldwide (unlike most aggregates). Bluestone is used in residential, commercial and infrastructure projects, as well as for architectural and interior applications.

 SigmaRoc is an AIM-listed company pursuing an active M&A consolidation strategy in the Northern European heavy construction & aggregates sectors. The business was founded by Max Vermorken (CEO) and fellow ex-Holcim Lafarge executives, who have devised a strategy of acquiring and integrating non-core assets from large-cap players in the space.

 The transaction represents Cobepa’s 2nd successful exit of the year. Cobepa & Verlinvest first invested in CDH in 2005.

Cobepa S.A.

Cobepa S.A.
Rue de la Chancellerie 2, box 1
1000 Brussels
+ 32 2 213 32 10
+ 32 2 513 17 02

Cobepa North America Inc.

Cobepa North America Inc.
Tower 49
12 East 49th Street
New York, NY 10017
United States
+1 (646) 679 5177

Ibel Beteiligungsberatung GmbH (Member of Cobepa Group)

Ibel Beteiligungsberatung GmbH
Theresienstrasse 1
80333 München
+32 2 213 32 10