Company History

Founded in 1957 in Sheffield, UK, SIG has grown from a single site insulation distribution business into a multi-national specialist distribution business operating in four different market sectors. The Company was listed on the London Stock Exchange in May 1989 and is listed within the Support Services sector.

History Timeline

1957
1989
1990
1994
1996
1997
2000
2001
2002
2004
2006
2007
2008
2011

1957

First insulation distribution branch opened in Sheffield as Sheffield Insulations Limited.
1989

SIG lists on the London Stock Exchange as Sheffield Insulations Group with 30 insulation distribution branches.
1990

Acquisition of CDL a three branch supplier of ceilings products in the UK, now forming part of CPD.
1994

Acquisition of Freeman Group, the second largest insulation materials distributor in the UK with operations in France. Acquisition of Isokauf in Germany giving SIG its first exposure to the German insulation market. Chris Davies joins SIG.
1996

Acquisition of WKT and Golinski, both in Germany establishing the Group as the largest distributor in Germany.
1997

Acquisition of Asphaltic, a major UK roofing supplier. .
2000

Entrance into Dutch market via acquisition of Nouwens Group.
2001

Acquisition of Capco (Interiors, Roofing and Insulation) in UK and Ireland.
2002

David Williams become Group Chief Executive, Gareth Davies joins Main Board as Group Finance Director. Acquisition of AM Proos and Clydesdale Roofing in the UK.
2004

Entrance into Belgian and Austrian markets via organic development. Les Tench becomes Chairman of the Board. UK Ceilings & Partitioning businesses merged to form CPD plc. Acquisition of Orion Trent Insulation in the UK.
2006

Record sales growth and increased margins. Exit from USA industrial insulation market, entrance into the German Roofing market and significant expansion in Poland. £109m of spend on acquisitions.
2007

Entrance into Czech Republic & Slovakia. Entrance into the French Roofing market through the acquisition of LARIVIERE. Total number of employees exceeds 10,000.
2008

Entrance into Hungary, Turkey, Romania and Bulgaria via the acquisition of Air Trade Centre International. David Williams retired after 24 years of service, Chris Davies is appointed Chief Executive.
2011

Leslie Van de Walle becomes Chairman on 31st January.