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Latest Companies Update

James Latham acquires Abbey Woods of Ireland
18 February, 2019
James Latham has acquired the entire issued share capital of Abbey Wood Agencies Ltd, a leading Irish timber merchant and the official distributor of Accoya wood in Ireland.
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US timber giant agrees to acquire UK timber agency
Monday, February 18, 2019 US-based International Forest Products LLC (IFP) has announced an agreement to acquire Price and Pierce Forest Products Ltd, one of the oldest timber agencies in the UK.
Timber “perfectly placed” to benefit from growing wellness economy, conference hears
Thursday, February 14, 2019 TTJ’s Wood and Wellness conference, which took place at the Hilton London Tower Bridge Hotel on February 13 heard that the wood sector is perfectly placed to potentially benefit from the growing global wellbeing economy.
Wood and Wellness conference prepares to kick off
Tuesday, February 12, 2019 The Wood and Wellness conference takes place in central London on Wednesday February 13, with top architects Alex de Rijke, Oliver Heath and DaeWha Kang sharing their experience of using wood as part of projects to foster health and well-being.
Stora Enso grows profits
Monday, February 11, 2019 Stora Enso recorded a 63% growth in pre-tax profits to €1.2bn in 2018 (2017: €742m).
Organiser hails success of Domotex 2019
Monday, January 28, 2019 Domotex, the leading showcase for floorcoverings recorded a slight dip in attendance during the January 11-14 show, attributing this to “market concentration”.
Movement restrictions to protect against tree pest in Kent
Monday, January 28, 2019 New measures have been introduced to protect the country against the larger eight-toothed spruce bark beetle (Ips typographus), which was discovered in Kent in December 2018.
Setra reports growth in annual profits
Monday, January 28, 2019 Swedish wood products company Setra has reported a near doubling of annual operating profits to SKr310m, (2017: SKr159m) for 2018.
UK government publishes timber importer advice for no deal Brexit scenario
Wednesday, January 23, 2019 The UK government has published advice for timber importers and exporters in the event of a no deal Brexit.
LIGNIA Wood Company signs distribution agreement with Timber Connection
Tuesday, January 15, 2019 LIGNIA Wood Company, the modified timber manufacturer, has signed a distribution agreement with a leading UK timber distributor – Timber Connection.
Schattdecor acquires US Coating Company
Monday, January 14, 2019 Wood based panels surfacing giant The Schattdecor Group has finalised the purchase of US Coating Company, of South Carolina.
M&M Timber faces temporary reduced output after fire
Monday, January 14, 2019 M&M Timber is facing 2-3 weeks of reduced output following a fire at its Clow’s Top production site near Kidderminster.
Fire at M&M Timber
Friday, January 11, 2019 Fire crews worked through the night on January 10 at M&M Timber’s Kidderminster site dealing with a fire in a wood processing plant.
Tricoya agreement could open way for modified wood panels in SE Asia
Thursday, January 10, 2019 Accsys, the company behind Accoya modified wood, has announced that its subsidiary, Tricoya Technologies Limited (TTL), has entered into an agreement with PETRONAS Chemicals Group Berhad (PCG) to potentially build an integrated acetic anhydride and Tricoya wood elements production plant in Malaysia.
Stora Enso and FSC join forces in a strategic partnership
Thursday, January 03, 2019 Stora Enso and the Forest Stewardship Council (FSC) have signed an international partnership agreement establishing a long-term strategic collaboration to develop and promote sustainable forestry.
Administrators sell timber building firm to new owners
Wednesday, January 02, 2019 Administrators of Scottish timber building manufacturer Carbon Dynamic (Scotland) Ltd have managed to secure a sale of the company.
Formica Group to be sold to Broadview
Tuesday, December 18, 2018 Formica Group is to be sold by its New Zealand owners Fletcher Building Ltd to Broadview Holding BV (‘Broadview’) for US$840m.
BWF sponsors Wood and Wellness conference
Thursday, December 13, 2018 The British Woodworking Federation (BWF) has come on board TTJ’s Wood and Wellness Conference as a Silver Sponsor.
UK government CLT ban over 18m might open doors for alternative glulam systems
Wednesday, December 12, 2018 Glulam post and beam construction may be a way for the timber construction sector to still have an option above six storeys following the government’s proposed ban on cross-laminated timber (CLT) above 18m.
Rougier finalises sale of Rougier Sylvaco Panneaux
Monday, December 10, 2018 Rougier Group has finalised the sale of its Rougier Sylvaco Panneaux business to the Malvaux Group.

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