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SigmaRoc joint venture with Carrières du Boulonnais

SigmaRoc has signed a joint venture agreement with major Calais based high-grade limestone and construction materials company, Carrières du Boulonnais (‘CB’), part of Groupe Carrières du Boulonnais (‘Groupe CB’), which has become a 25% shareholder in Granulats du Hainaut (‘GduH’), to expand GduH into a Benelux and Northern France wide supplier of limestone products.
By Guy Woodford June 30, 2021 Read time: 2 mins
Granulats du Hainaut's aggregates operations at Carrières du Hainaut in Soignies, Belgium

GduH is Groupe CB's Benelux production and distribution subsidiary, and SigmaRoc, an AIM-quoted, London-headquartered buy-and-build construction materials group, will continue to wholly own its quarrying assets in Belgium. As a shareholder, CB will assist in developing GduH from a financial and technical perspective and materially increase GduH’s market presence in these target markets. As a result, the target footprint for GduH’s activities will reach beyond Belgium and Northern France.

CB has agreed to co-fund the new crushing and screening installations planned to be built by 2024 at GduH’s aggregates operations at Carrières du Hainaut in Soignies, Belgium. The company will also lend its vast technical expertise to set up the new installations and their product offering optimally. As a result, GduH will commence servicing the Benelux and Northern French markets and, following the expiry of its existing agreement to supply LafargeHolcim in 2024, supply over two million tonnes of virgin construction aggregates per year, making it one of the largest suppliers in the region.

CB is part of Groupe CB, a major independent supplier of construction aggregates and high-grade limestone products destined for the metals, pulp, chemical and agricultural industries. It has a distinguished history of family ownership dating back 120 years and is presently held and managed by its founding family.

Groupe CB is headquartered at Ferques, near Calais in northern France, at one of Europe’s largest quarrying operations. Connected by rail to supply multiple platforms in Paris, it is a major operator in the French construction materials market. Furthermore, Groupe CB operates a large network of quarries and concrete plants across France and has a further presence in 30 countries via several joint venture partners.

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