SigmaRoc PLC (LON:SRC) has gained the exclusive licensing of the Road Zipper System - T-shaped moveable barriers that are connected to form a continuous wall – after agreeing to a partnership deal with Lindsay Corporation (NYSE:LNN).
The AIM-quoted buy-and-build construction materials group pointed out that the Road Zipper System is used globally and accepted by many highways agencies, including Highways England.
The company noted that using a conveyor wheel system the Road Zipper System combines safety standards of permanent concrete barriers with the flexibility of traffic cones and is used to re-position the barrier at up to 10 kilometres per hour, creating a moveable ‘zipper lane’.
It said permanent uses include iconic locations such as the San Francisco Golden Gate Bridge and Auckland Harbour Bridge for safe traffic management during peak hours; while temporary uses include construction management in the UK where the Sevenoaks bypass traffic delays were reduced significantly.
The group added that the Road Zipper System is a natural addition to the products offered by SigmaRoc's wholly owned subsidiary, Poundfield Products Ltd, complementing its patented retaining walls and expertise in delivering high-performance projects with local barrier production.
Max Vermorken, SigmaRoc’s CEO, commented: "This new international partnership again shows how SigmaRoc embraces innovation and partnerships; utilising our skills and assets to develop new business opportunities and revenue streams.
“We look forward to making a success of the Road Zipper System and continuing on our strategy of Invest, Improve, Integrate."