Premier Forest Products acquires Decorpanel2 February 2023
Premier Forest Products has hit the acquisition trail again, this time with the purchase of the Decorpanel panel processing business in Tyne and Wear.
Based in Tyne and Wear, Decorpanel was established in 1998 by owners Ian Ling and Anthony Hopps. The business operates on a four-acre site comprising 76,000ft2 of warehouse and factory space, employing 63 staff.
Premier plans to invest in new machinery at the site to further improve productivity and capacity. This will meet growing demand and service customers quickly and efficiently, enabling a fast turnaround of orders.
“Decorpanel signifies further geographic expansion for us into the north of England, while simultaneously enhancing our processing and machining capability and capacity to meet growing customer demand,” said Terry Edgell, co-founder and CEO of Premier Forest Products.
“We start 2023 full of ambitious growth plans and the purchase of Decorpanel stands us in good stead to reach our targets for the year.”
Ian Ling of Decorpanel described the move as great for Decorpanel customers who will be able to access Premier’s portfolio of timber products.
“Their well-established infrastructure and network will also give us access to nationwide delivery services.”