SIG plc is a British-based international supplier of
insulation,
roofing, commercial interiors and specialist construction products. It is listed on the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
.
History
The company was founded by Ernest Adsetts in 1957
Sheffield
Sheffield is a city in South Yorkshire, England, situated south of Leeds and east of Manchester. The city is the administrative centre of the City of Sheffield. It is historically part of the West Riding of Yorkshire and some of its so ...
as Sheffield Insulations Limited;.
His son
Norman Adsetts joined the firm in 1966, becoming managing director in 1970, and then chairman in 1985.
[Sheffield People: Sir Norman Adsetts]
/ref> The company was first listed on the London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
in 1989, when it became Sheffield Insulations Group plc.[ The company expanded rapidly in the start of the 1990s, acquiring Ceilings Distribution Ltd, a supplier in the United Kingdom of ceilings products, in 1990, Freeman Group, a large British insulation distributor, and Isokauf in Germany in 1994 and Komfort Systems, a supplier of partition systems for offices, in 1995.][
The company was renamed SIG plc in 1995.][ Norman Adsetts retired the following year.][ Acquisitions in the end of the 1990s included WKT and Golinski of Germany in 1996, and Asphaltic, a major roofing supplier in the United Kingdom, CP Supplies and Branton Industries and Distribution International in the United States in 1997.][ In 2000, the company bought Nouwens Group in the ]Netherlands
, Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...
, and in 2001, it bought Capco, suppliers of interiors, roofing and insulation in the United Kingdom and Ireland. This was followed in 2002 by the acquisition of AM Proos and Clydesdale Roofing Supplies.[ In 2002, David Williams was appointed Chief Executive.][
In 2004, the company bought Orion Trent Insulation, another distributor for the United Kingdom,] with ''Leaderflush Shapland'' (formerly LS Group), a manufacturer of door sets for hospitals following in 2005. It bought Wodan and WIG in Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...
, and exited the United States in 2006.[ The acquisition of Lariviere came in 2007, allowing the company to enter the French roofing market.
In 2007, General Fixings, based in ]Bristol
Bristol () is a City status in the United Kingdom, cathedral city, unitary authority area and ceremonial county in South West England, the most populous city in the region. Built around the River Avon, Bristol, River Avon, it is bordered by t ...
, was acquired. Also in 2007, SIG moved into the refractory business, by purchasing MacGregor and Moir, one of the United Kingdom and Europe's leading specialists of high temperature insulation and refractory solutions. In 2008 it bought Air Trade Centre International B.V., a Dutch air conditioning
Air conditioning, often abbreviated as A/C (US) or air con (UK), is the process of removing heat from an enclosed space to achieve a more comfortable interior temperature, and in some cases, also controlling the humidity of internal air. Air c ...
business.
In 2008, David Williams retired, with Chris Davies taking his place as Chief Executive
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
. In further management changes, Stuart Mitchell was appointed as CEO in March 2013, Meinie Oldersma took over the role in March 2017 and Steve Francis became CEO in April 2020. Gavin Slark was later named CEO in 2023.
Operations
The company serves a wide range of markets across the building, construction, off site manufacturing and process sectors, from premises throughout Europe and the Middle East.
References
External links
Official site
{{Authority control
Building materials companies of the United Kingdom
Business services companies established in 1956
Companies listed on the London Stock Exchange
Manufacturing companies based in Sheffield
1956 establishments in England