Peter Penfold, formerly of global coatings firm Hempel is joining the UK’s leading sealants and cosmetic repairs provider as its financial controller.

Peter has a wealth of experience in finance, having spent 16 years working with large global groups in the construction, FMCG sectors, as well as working with owner-managed businesses that supply retailers and merchants.

He joins SD Sealants as it heads towards the conclusion of a second consecutive record year of business, and will be forming part of the senior management team that aims to drive the company forward through its next objective cycle.

The Caldicot-based business, which provides sealant application, cosmetic repairs and tiling nationally for house builders and commercial businesses, has seen rapid growth in the past two years, creating more than 30 jobs and launching new patches in London and Leeds.

SD Sealants’ managing director Nick Jones said: "Peter joins the team at a time of continued growth for the business. As well as rounding off another record year, we have some exciting and ambitious plans for the next 12 to 18 months centered around recruitment and expansion into new areas.

“Having somebody of Peter’s calibre joining the senior team - who brings with him a great deal of knowledge and experience in finance and construction - will be vital in improving our business decisions as we continue to expand. We’re certainly very excited to have him on board with us.”

Peter said: “It’s a very uncertain time for both the sealants and wider construction industry – with the ambiguity around Brexit and how this might influence everything from trade and the availability of materials to recruitment, and so it’s more important than ever that businesses in this sector are considering their decisions carefully and planning for the future. I’m looking forward to working with SD Sealants during such an interesting and exciting period, and leading them in what is I’m sure going to be a standout year.”