SIG acquires Penlaw & Company Ltd

SIG is pleased to announce the acquisition of Penlaw & Company Ltd, one of the UK’s foremost supplier of building materials to contractors, builders and developers, into its UK business. Penlaw & Company Ltd, which will continue to trade under its existing brand, will leverage the SIG Distribution’s UK-wide supply network and extensive product range, enhancing the superior service offering to customers.

The Chief Executive of SIG plc, Steve Francis, commented; “I am delighted to welcome Penlaw & Company Ltd into SIG in what is a significant period for the business. News of the acquisition comes at a pivotal time for SIG Distribution as the business continues to roll-out ambitious plans to strengthen its offering to customers nationwide. With the joining of this respected and specialist team, I look forward to our continued success in our growth journey together.”

First established in 1977, Penlaw & Company Ltd employs 130 staff and operates from 5 sites in the UK.

Philip Johns, Managing Director of SIG UK, commented: “As a business we have been closely following Penlaw & Company Ltd’s impressive growth across the past decade, and recognise them as a respected construction materials supply specialist. That’s why we are so delighted to welcome them to the SIG family. With a reputation for customer service excellence, we are sure that Penlaw & Company Ltd’s team will help us further strengthen our offering to customers nationwide.”

Paul Glackin, Group Managing Director of Penlaw, who will report into Phil Johns and will continue to lead the business, commented: “After 44 years as an Independent Distributor we are delighted to become part of SIG especially at this exciting stage in its growth journey. We are fully confident that this will be a very positive step for all our stakeholders and our employees.”