New executive appointment at SigmaRoc
David McClelland to lead development of SigmaRoc’s footprint in the west and south-west of the UK
SigmaRoc, the AIM quoted buy-and-build construction materials group, have appointed former Tarmac director David McClelland to their executive committee as managing director for their third platform, located in the west and south-west of the UK.
As an executive committee member at SigmaRoc, Mr McClelland will take responsibility for building the Group’s third aggregates and quarrying-focused platform. The first asset in this platform will be Foelfach Quarry in Carmarthenshire, South Wales.
Foelfach Quarry was acquired by SigmaRoc for an immaterial consideration during 2018 at which time its resource was estimated to be 1.8 million tonnes of high-PSV stone. Post-acquisition, Sandybed Geological Services have worked with the company’s technical team to prove up a significantly larger resource of 4 million tonnes.
Under Mr McClelland’s leadership, SigmaRoc will look to achieve a four-fold increase in the quarry’s existing output to 80,000 tonnes per year, which will serve as a launch pad for expansion into the high-PSV and asphalt markets.
SigmaRoc’s chief executive officer, Max Vermorken, commented: ‘I am extremely proud that SigmaRoc are able to attract talent of the highest calibre. David McClelland brings decades of technical, managerial and strategic experience in our sector. With Foelfach as a starting point, David will help build our third Platform in a region he knows well.’
