BERLIN—Global investment firm Gores Group has agreed to acquire Melle Dachbaustoffe GmbH and SIG Deutsche Dachbaustoffe GmbH from SIG plc, a leading distributor of building products in Europe. The Gores Group will invest through its Small Capitalization Partners investment fund.
Both companies are market-leading specialist distributors of roofing products to the German market. The companies maintain an extensive multi-region branch network with a comprehensive product and service offering and excellent relationships with their customers and suppliers.
Christoph Nielacny, managing director of both companies, stated, “With an extensive track record of successful carve-out transactions, Gores is the ideal partner for us to provide the necessary financial and operational support to complete a seamless transition out of SIG and position the business for growth.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
