The Locksmith Journal Mar-Apr 2016 - Issue 43 | Page 39

INDUSTRYNEWS • 39 PROUD SPONSORS OF THIS PAGE Acquisition Extends Interiors Proposition »»SIG PLC, THE FTSE 250 LEADING European specialist supplier to the construction, building and industrial markets, announced that it is acquiring SAS Direct & Partitioning Limited (SAS Direct), a leading Interiors distributor operating in the mid to high-tier partitioning sectors in the UK & Ireland. Paul Gordon, Managing Director, SIG Distribution stated that, “SAS Direct will further enhance the SIG Interiors business by extending our portfolio to include a very strong product and service proposition for the commercial interiors sector, supported by a specialist, design led technical team and a range of partitioning systems particularly suited to the London technical specification markets.” Paul Marshall, General Manager of SAS Direct, said, “SAS Direct’s strength lies with the design, supply and distribution of world class partitioning systems, doors, aluminium trims, ceiling tiles and grid. We deliver specialist solutions, offering significant design and installation support to contractors via our technical team and in-house bespoke glass installation team. “SIG’s confidence in us is a testament to ‘SAS Direct’s strength lies with the design, supply and distribution of world class partitioning systems, doors, aluminium trims, ceiling tiles and grid our market leadership and the Company’s tremendous prospects for growth. This transaction with SIG brings a true partner who understands the value of SAS Direct, plus an expanded route to market via the comprehensive SIG network.” Founded in 1957 in Sheffield, UK, SIG has grown from a single site insulation distribution business into a LOCKSMITHJOURNAL.CO.UK | MAR/APR 2016 Sponsored by ABUS multi-national specialist distribution business. Operating from more than 300 branches across the UK and Ireland, it is the UK’s market leader in the supply of specialist materials to the construction industry. SIG Plc was first listed on the London Stock Exchange in May 1989 and is now a FTSE 250 company with a turnover of over £2.6 billion, over 9,000 employees and 700 locations across Europe. SAS Direct, previously owned by SAS International, was established in 2010 to bring SAS International products direct to contractors from four depots in Leeds, Burgess Hill, Birmingham and Reading.