Binderholz has announced its proposed acquisition of BSW Timber Group (‘BSW’) from Endless LLP (Endless). The deal is subject to normal closing conditions and approval from the Austrian Competition Commission and UK Financial Conduct Authority.
BSW is one of the UK’s leading integrated forestry and sawmilling businesses with turnover of over £650 million and 2,000 employees. Headquartered in Earlston, Scotland, the business comprises five main operating divisions: tree nurseries, forestry management, tree harvesting, sawmilling, and energy. It operates seven sawmills across the UK and one in Latvia, and has the capacity to produce over 1.2 million cubic metres of sawn timber per year… more