Glennon Brothers completes Balcas acquisition

Balcas was established in Enniskillen, Northern Ireland, in 1962, and consists of two divisions, Balcas Timber and Balcas Energy. Combined, the business has a turnover of around £108m and employs 370 people.

Balcas Timber incorporates the sawmilling operation in Enniskillen, County Fermanagh, which produces quality sawn timber products for the fencing and landscaping, agricultural, construction and pallet and packaging sectors. In addition, Balcas Energy operates two renewable energy plants at Enniskillen and Invergordon, Scotland, which incorporate combined heat and power (CHP) and the manufacture of Balcas Energy Wood Pellets.

“We are delighted to have completed the acquisition of the Balcas business, which will enhance our overall product and service offering, as well as diversifying our route to market via Balcas’ Energy Division,” said Mike Glennon, joint managing director at Glennon Brothers.

“This is a significant milestone in Glennon Brothers’ history, which dates back to 1913, and provides our customers with a broader range as well as increased overall production capacity for the future. This acquisition allows us to continue fulfilling our commitment to our customers of offering a one stop shop solution for sawn softwood across UK and Ireland.”

“The opportunity to add value to our established supply chain and core business is extremely exciting,” added Pat Glennon, joint managing director. “We are thrilled to welcome the Balcas team into the Glennon Brothers Group, and are excited to start working with them collaboratively, sharing ideas and developing best practice across the wider business. By adding Balcas to our existing business, it further enhances our capability to operate fully from forest to front door.”.

Glennon Brothers has been at the forefront of green technology solutions within the sawmilling sector having invested in a CHP plant within its existing facility in Troon in 2016. The addition of two further CHP plants as part of the Balcas acquisition offer further synergies as well as reinforcing the business’ green credentials and overall commitment to sustainability.

“The team at Balcas are delighted to be joining the Glennon Brothers family of companies, and we look forward to exciting times ahead for the enlarged business,” said Brian Murphy, Balcas chief executive officer.