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Latest Companies Update

Merchant makes first acquisition in Surrey
18 March, 2018
Independent builders’ merchant DW Nye has acquired Fixings and Powertool Center in Redhill, Surrey.
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Finsa to become second producer of Tricoya modified wood-based panels
Friday, March 16, 2018 Modified wood producer Accsys has signed a Tricoya user licence agreement with Finsa for the production of Tricoya modified wood-based panels.
Investment firm acquires Parkers and says more takeovers will follow
Wednesday, March 14, 2018 Investment firm Cairngorm Capital Partners has acquired southeast-based merchanting group Parker Building Supplies (Parkers) in the latest stage of its ambitious growth plans.
Norbord gets STA Assure Gold status
Wednesday, March 14, 2018 The Structural Timber Association (STA) has awarded panel manufacturer Norbord the Assure Gold status in the association’s new STA Assure scheme.
Court grants Rougier permission to restructure African business
Tuesday, March 13, 2018 International tropical hardwood specialist Rougier has gained court permission for restructuring measures after filing for insolvency protection.
Diamond Mark Chinese plywood to arrive in UK
Monday, March 12, 2018 Caledonian Plywood Company’s (CPC) first shipment of Chinese plywood certified under the TFT Woodexperts Diamond Mark is due to reach the UK shortly.
Leading door manufacturer UK Fire Doors Ltd is a new sponsor at the TTJ Awards
Friday, March 09, 2018 UK Fire Doors will sponsor the Twitter Wall at the TTJ Awards at the InterContinental Hotel, London on September 21.
Ridgeons Newmarket invests £100k in storage
Thursday, March 08, 2018 Ridgeons’ branch in Newmarket, Suffolk, is investing £100,000 in a new timber storage facility.
UK ministers hail Indonesia’s transformative FLEGT achievement
Monday, March 05, 2018 The UK Timber Trade Federation’s Timber Transformer exhibition describes the challenging journey Indonesia undertook to become the first country to issue its EU timber exports with FLEGT licences as legality assurance.
Tomorrow’s designers wow with timber multi-storey car park project
Wednesday, February 28, 2018 A talented multidisciplinary team from some of Britain’s best-known universities has won TRADA’s undergraduate Urban Buzz competition to design a timber multi-storey car park.
Sodra records solid annual results
Tuesday, February 27, 2018 Sodra’s annual pre-tax profits in 2017 soared to SKr1.83bn (2016: SKr913m) thanks to higher volumes and increased prices for sawn timber and paper.
Irish farmers co-op signs post deal with timber company
Thursday, February 22, 2018 Giant Irish farmers’ co-operative Fane Valley has signed a purchase deal with Clifford Jones Timber for the latter’s Platinum fence posts.
Lathams in £15m depot relocations
Tuesday, February 20, 2018 James Latham has invested more than £15m relocating its depots at Bristol and Leicester to two purpose-built facilities, increasing capacity in both locations by 35%.
Thornbridge and NYTimber in merger
Thursday, February 15, 2018 North Yorkshire Timber (NYTimber) has merged with Thornbridge Sawmills to create a £50m turnover 15-branch group.
Timber trade invited to help shape FLEGT VPA process at London event
Wednesday, February 07, 2018 UK timber traders will have an opportunity to help shape the Forest Law Enforcement, Governance and Trade (FLEGT) VPA process through a trade consultation in London.
Lawcris supplies materials for film set
Wednesday, February 07, 2018 Leeds panels distributor Lawcris has been involved in supplying materials for the set of a new film.
South-east traders highlight treatment and supply issues
Tuesday, February 06, 2018 Timber availability and the need to improve treated timber specification were two of the hot issues under discussion at the first official meeting of the newly re-formed London and Southeast Timber Trade Association (L&SETTA).
UK homegrown sector lobbies minister on log supply/pricing crisis
Tuesday, February 06, 2018 About 30 representatives across the UK homegrown timber industry met in Edinburgh with Scottish minister Fergus Ewing on Monday to discuss the current log supply/price crisis gripping the sector.
Scotline to add ninth owned vessel
Tuesday, February 06, 2018 Essex-based shipping line and terminal operator Scotline Ltd has signed a contract with Dutch shipbuilder Royal Bodewes Group BV to build its ninth owned vessel.
UPM plywood division in record 2017 performance
Friday, February 02, 2018 UPM’s plywood business achieved a record high performance in 2017, the Finland-based forest products giant said in its annual results.
DTE plans major role in UK glulam sector
Friday, February 02, 2018 Donaldson Timber Engineering (DTE) has set its sights on becoming the UK’s market leader in the design and supply of secondary processed glulam.

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