GAP acquires SIG divisions
General All-Purpose Plastics (GAP) has announced the acquisition of SIG Building Plastics and SIG Windows from SIG UK Exteriors.
The deal includes 66 depots and business units plus their staff, and the sales and marketing teams that support them directly.
SIG UK Exteriors managing director Andrew Wakelin said: “The business environment is highly competitive and constantly changing. This means companies need to be agile, flexible and responsive to the needs of customers. This move is a positive affirmation of those principles and absolutely in line with our commitment to the development and success of our business.”
SIG Building Plastics and SIG Windows are made up of four specialist areas of Drainage, Sheet Materials, Windows and Roofline. They include Scotplas, Omnico, CFS, PBM-DQS, Summers, Armour, Roplas, Toogood, Drainex, Plastics Pipe Supplies, and Project Plastics.
SIG’s Formerton Sheet Sales and Specialised Fixings businesses are also included in the deal.
Ownership of all the brand names and trading styles transfers to GAP.
GAP’s group sales and marketing director Paul Sowerby said: “From the first meeting with SIG we saw a well-organised, profitable business and a focus on supporting local tradesmen with the best quality products at the keenest possible prices. Their network of busy depots is particularly strong in the south of England and so provides us with reach but limited overlap with our own existing network. It all makes for a perfect fit.”
Launched 24 years ago by co-founders Simon Bird and Charles Greensmith, GAP has 31,000 customers nationwide, including national and regional house builders, maintenance contractors, and housing associations. It operates from two large factories and a 46-depot-strong network, which it has been extending at the rate of one new facility per month.
“Charles and I set out to build a business based on passion and people, and we remind ourselves every day that we owe our success to hiring and retaining amazing staff,” Simon said. “Anyone who takes pride in putting customers at the centre of their working day and who thrives in a friendly, supportive, lively and fun environment, will enjoy being part of the growing GAP family.”