All articles by spowney

spowney

Nordic mills post strong annual results

Nordic forest products operations have reported strong performances, despite
the disruptions caused by the global health crisis.

Vandecasteele sets up UK company

Vandecasteele Houtimport has created a UK registered company to minimise post-Brexit administration and streamline service for customers.

UK economy predicted to return to pre-Covid levels by middle of 2022

The UK economy is forecast to return to pre-Covid levels by the middle of 2022, with growth of 7.3% next year, according to UK chancellor Rishi Sunak.

National Timber Group expands further with strategic acquisition of Hymor Timber

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

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

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

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

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

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.

Hundegger investment for Taylor Lane Timber Frame

Taylor Lane Timber Frame has invested in a new fully automated cutting machine from Hundegger as part of a strategic investment programme.