Private equity firms snaps up SIG division for £29.7m

Sheffield-based SIG, a supplier of specialist building products, is disposing of its VJ Technology (VJT) division to private equity investment firm Primary Capital for £29.7m.

VJT is a UK distributor of technical fixings, fasteners and consumables to the infrastructure, commercial and wider construction industry, and is part of SIG Distribution.

SIG said the divestment was in line with SIG's medium term strategy of disposing of smaller, non-core businesses in order to refocus the G... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...