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Stay up to date with the latest companies news in the global timber industry

Latest Companies Update

New partnership promotes wellbeing benefits of wood
23 March, 2021
Stora Enso Wood Products has launched a whitepaper showcasing the science behind the health and well-being benefits of building with timber.
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UK Softwood Conference to cover important updates on latest market dynamics
Monday, March 22, 2021 The UK Timber Trade Federation’s (TTF) annual Softwood Conference on March 31 will address softwood market dynamics against a backdrop of both the Covid-19 pandemic and Brexit.
Martin cancels participation at Ligna 2021
Tuesday, March 16, 2021 Leading German woodworking machinery manufacturer Martin has cancelled its participation in this autumn’s Ligna exhibition due to uncertainty over sufficient Covid-19 vaccination levels among its staff and customers by then.
Grafton Group posts £132.7m pre-tax profit for 2020
Monday, March 15, 2021 Merchanting giant the Grafton Group plc has posted 2020 annual pre-tax profits of £132.7m (2019: £172.6m) and expressed confidence that the Covid-19 vaccine rollout will lead to a growth in economic activity.
Nordic mills post strong annual results
Tuesday, March 09, 2021 Nordic forest products operations have reported strong performances, despite the disruptions caused by the global health crisis.
Vandecasteele sets up UK company
Friday, March 05, 2021 Vandecasteele Houtimport has created a UK registered company to minimise post-Brexit administration and streamline service for customers.
National Timber Group expands further with strategic acquisition of Hymor Timber
Wednesday, March 03, 2021 The National Timber Group (NTG) has acquired Hymor Timber Ltd, a £4.5m annual turnover (2020) timber merchant located in Stoke-on-Trent.
Travis Perkins posts pre-tax loss after year of unprecedented challenges
Tuesday, March 02, 2021 National merchanting group Travis Perkins (TP) has posted a group pre-tax loss of £7.7m (2019: £180.8m pre-tax profit) for the year ending December 31, 2020 after facing a year of unprecedented challenges due to the Covid-19 pandemic.
Kullik & Rullmann acquires Newcastle-based Quay Timber
Tuesday, March 02, 2021 Leading timber agent Kullik & Rullmann AG (K&R) has acquired UK-based Quay Timber Ltd in a move which accelerates development of the group’s online business.
TTF survey finds timber industry resilience, but also Brexit trade friction
Monday, March 01, 2021 Difficulties with logistics and trading with Northern Ireland under new Brexit protocols are having impacts on an already tight timber supply chain, a new UK timber Trade Federation (TTF) survey has found.
Latest triple acquisition to give Grant & Stone a £250m combined turnover
Monday, March 01, 2021 Cairngorm Capital Partners’ Grant & Stone Group has complete three acquisitions which makes it the largest independent builders’ merchant group in southern England.
BSW Timber Solutions Ltd announced as new name of SCA Wood UK
Friday, February 26, 2021 BSW announced today that its recent acquisition - the Building and Supply Solutions division of SCA Wood UK - has now been renamed BSW Timber Solutions Ltd.
Merlwood Timber celebrates 25 years in the industry
Thursday, February 25, 2021 Merlwood Timber is celebrating 25 years in business.
Hundegger investment for Taylor Lane Timber Frame
Thursday, February 25, 2021 Taylor Lane Timber Frame has invested in a new fully automated cutting machine from Hundegger as part of a strategic investment programme.
Hardwood Sales Ltd invests £2m in manufacturing facility expansion
Wednesday, February 24, 2021 Liverpool-based Hardwood Sales Ltd says it is “powering” through the pandemic with a new £2m investment in manufacturing technology to aid its growth.
Weinig UK launches new webshop
Tuesday, February 23, 2021 Leading moulding technology manufacturer Weinig UK has launched a new webshop to further support customers.
Södra Wood Ltd announces a two-year contract with Denholm Port Services
Monday, February 22, 2021 Södra Wood Ltd’s new two-year contract with Denholm Port Services is part of Södra taking steps to streamline its imports and mitigate any potential issues or customs delays in light of increased paperwork and more complex requirements following the UK’s departure from the EU.
Stora Enso wood products division sees profits rise in 2020
Monday, February 08, 2021 Wood products giant Stora Enso saw a 4.6% growth in its operational earnings (EBITDA) in 2020 to €160m (2019: €153m).
UK Construction Week London postponed to May 2022
Tuesday, February 02, 2021 The organisers of UK Construction Week (UKCW) have announced the postponement of the 2021 London event.
UK timber sector co-ordinates on university design competition
Monday, February 01, 2021 The UK timber industries are co-ordinating on an exciting new university design competition to produce a homes “masterplan” utilising timber and hybrid timber systems.

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