# SIG UK acquires Miers Construction Products for £36.5m

SIG UK acquired Miers Construction Products Limited (MCP), a supplier of specialist construction materials based in St Neots, for an initial cash consideration of £28m plus up to £6.7m earn-out and £1.8m deferred payment.

- Type: Acquisition
- Announced: 2022-07-25
- Where: St Neots, Cambridgeshire, United Kingdom
- Value: $44.0M (36.5M GBP)
- Status: completed
- Products: high-performance construction accessories and fixings
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [SIG](https://endata.com/companies/40984.md) (acquirer)
- [Miers Construction Products](https://endata.com/companies/64338.md) (target)

## Sources

- [business-live.co.uk](https://www.business-live.co.uk/enterprise/sig-uk-swoops-miers-construction-24578351), 2022-07-25: "The acquisition of MCP broadens SIG’s UK offering in high-performance construction accessories and fixings, and is a strong fit with SIG’s business model."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.