International Timber officially joins STARK Group
3 March 2023International Timber officially became part of European buildering materials giant STARK Group A/S on March 1.
The acquisition, first announced on the December 12, means Manchester-based International Timber has now joined one of the fastest growing merchants and distribution groups in Europe.
The International Timber brand name will continue and the business becomes part of the UK subsidiary of STARK Group, STARK Building Materials UK.
“Customers won’t notice any immediate change, as it’s very much business as usual and we will continue to trade as normal for customers,” said Paul Martin, MD of International Timber.
“Over time we will be working closely with STARK, sharing and building on our great plans for our customers. We have a lot of opportunities now to share best practice with STARK and learn from their business and operations elsewhere in Europe.”
“Entering the UK market is a great opportunity for our combined business to share best practice across the Nordics, Germany, Austria and the UK making life even easier for tradespeople,” added STARK Group CEO Soren P. Olesen.
“We’re delighted to now be a major employer in the UK, with 9,000 colleagues, where we will continue to operate as a good corporate citizen, placing a strong emphasis on sustainability, valuing and caring about our new UK employees and supporting UK growth and building decarbonisation,” said Mr Olesen.
