Thornbridge and NYTimber in merger15 February 2018
North Yorkshire Timber (NYTimber) has merged with Thornbridge Sawmills to create a £50m turnover 15-branch group.
The move come just months after Scottish timber processing and distribution company Thornbridge entered into a partnership with Cairngorm Capital LLP to support its development as a leading UK player in the sector.
Thornbridge said the transaction was “the next step” in its strategy to consolidate the UK value added timber distribution sector. Northallerton-based NYTimber has seven merchant branches, an engineered timber division, roof truss production, plus treatment facilities.
It is one of the largest independent timber merchants in North Yorkshire and the North East of England with a dedicated 120,000ft2 design, manufacturing and distribution centre in Brompton-on-Swale.
In 2017, NYTimber had revenues of over £18m and employed over 200 staff, while Thornbridge has revenues of £35m and employs 159 staff.
Following the merger, the enlarged group now has an established distribution network across Scotland and the North of England, served by a central manufacturing hub in each region, providing the platform for further growth.
Thornbridge said NYTimber’s roofing solutions complement and extend the Thornbridge product offering, with customers now able to access a comprehensive range across timber, sheet, doorsets and roofing products.