Baltic Distribution Ltd, part of Norvik, has been operating and renting the port since 1999.
“The acquisition of the port is a strategic decision for us to develop our UK logistics business and it allows us to plan and implement long-term investments in the port,” said Sampsa Auvinen, CEO of Norvik Timber Industries.
Baltic Distribution Ltd has also announced the procurement of a new pressure treatment plant for the site. The plant is due for commissioning in July and will offer Arch Timber Protection treatment to use class 1, 2, 3 and 4 in both green and brown.
Dean Border, Baltic Distribution managing director, said Arch would supply its next generation Tanalith E preservative for the operation, featuring BARamine technologies built into the treatment.
Baltic Wharf covers 46 acres and handles a wide range of timber products, including constructional softwoods, pallet wood, sheet materials and fencing materials.