SigmaRoc plc (AIM:SRC) agreed to acquire Lime Operations Of CRH In Europe from CRH plc (NYSE:CRH) for approximately ?750 million on November 22, 2023. The deal consideration is ?745 million (including approximately ?211.5 million in connection with the assignment of the German Intercompany Loan Receivables) (subject to customary adjustments in respect of the target entities' net debt and working capital position as at January 1, 2024). The Business comprises 16 operating locations with leading market positions across Ireland, the UK, Germany, Czech Republic and Poland. The combined Business generated sales of c.$610 million (?557.902 million) and EBITDA of c.$137 million (?125.299 million) in 2022. Upfront consideration of ?825 million and ?175 million deferred consideration financed through a combination of ?505 million from the New Facilities, ?230 million ordinary equity raise and purchase price adjustments. As of December 11, 2023, shareholders of CRH plc have approved the transaction. The transaction is structured in three phases, the first of which is expected to complete in early 2024 comprising the Group's lime operations at home and in Germany, Czech Republic and Ireland. As of January 4, 2024, SigmaRoc completed the acquisition of CRH's lime operations in Germany, Czech Republic and Ireland. The remaining phases, consisting of operations in the UK and Poland, are expected to complete in 2024. As of March 27, 2024, SigmaRoc completed the acquisition of CRH's lime operations in UK.

Dru Danford, Ben Cryer, Mark Harrison, John More, Anake Singh, Oliver Baxendale, Oliver Houghton, Will Game, Joel Knight, Chris Cooper, Paras Amlani, Charlie Campbell and Edward Prest of Liberum Capital Limited, BNP Paribas SA, Banco Santander, S.A. and Rothschild & Co SCA acted as financial advisor to SigmaRoc plc (AIM:SRC). David Lewis, Mark Richardson, Ingrid Wijnmalen, Philip Broke, Marc Israel, James Johnson, Helen Joseph, Will Smith, Philip Trillmich, Bodo Bender, Marek Sawicki, Jonathan Weinberg, Alisa Preissler, Thyl Hassler, Jakub Gubanski, Tallat Hussain, of White & Case LLP acted as legal advisor to SigmaRoc plc on the acquisition. Ed Westhead, Oliver Abel Smith, David Gallagher, Anna Crosby, Sophia Steiger, Elaine Traynor, Barry Walsh and Killian O'Reilly; Joanna Bannon, Neil Dineen, Neil Cahill and Conor Folan of Fieldfisher acted as legal advisor to SigmaRoc. Patrick Keown, Hannah Place, Georgina Tyrell and Lauren Walton of Howard Kennedy acted as legal advisor to SigmaRoc plc.