Grey Mountain Buys SIG's US Operations

Grey Mountain Partners has acquired SIG USA from SIG PLC for $51 million in cash. SIG < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />USA is a Houston, Texas-based distributor of industrial products with 21 locations and around 300 employees. Cobblestone Advisors advised SIG on the sale. www.greymountain.com< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />