Premier Forest Products is targeting a £200m turnover in 2027 after completing a landmark year of strategic growth and expansion.
The group’s expansion, which has transformed Premier Forest into one of the UK’s largest independent timber and timber processing groups, has involved the integration of several acquisitions including timber engineering specialist National Timber Systems and multiple former Arnold Laver sites from National Timber Group England.
These additions have further strengthened Premier Forest’s capabilities across timber distribution, manufacturing, and logistics throughout the UK.
The company said the expansion has come despite continued economic pressure across the sector including fiscal changes, rising operational costs and ongoing geopolitical instability impacting global trade.
Premier Forest says it expects to achieve revenues of £125m for the financial year ending April 2026, with annualised turnover expected to reach £200m next year.
Headcount within Premier Forest has grown from approximately 400 employees to almost 800 across the group following the acquisitions, while the HR function has doubled in size to support workforce development.
Premier Forest has also strengthened its senior leadership team through a series of strategic appointments and promotions, including the promotion of Neil Davies from Chief Financial Officer to Chief Financial and Operating Officer.
Alongside commercial performance, Premier Forest’s Environmental, Social and Governance (ESG) commitments are increasingly influencing customer relationships and procurement opportunities.
The business continues to expand programmes around its corporate parenting scheme with a new cohort joining the group in July, its prisoner rehabilitation scheme, military covenant commitments and employment support initiatives, with these projects now forming an important part of major framework discussions and tender opportunities.
Premier Forest has also recently expanded banking facilities with HSBC which will support continued investment and ensure the business remains agile for future acquisition opportunities as the market evolves.
“The market has remained difficult for many businesses, particularly with ongoing fiscal pressures and the wider impact of geopolitical uncertainty on trading conditions,” said Terry Edgell, Co-founder & CEO of Premier Forest Products.
“Our approach has been to continue investing in infrastructure, in systems, in capability and most importantly in people so we are ready to capitalise when markets strengthen again.”
