Partner Article
BSW acquires the Building and Supply Solutions division of SCA Wood UK
BSW has acquired the Building and Supply Solutions division of SCA Wood UK, which includes the manufacture and distribution of timber and associated products to the home improvement and builders merchant sectors.
This heralds the beginning of BSW’s growth strategy under the ownership of Endless LLP. Tony Hackney, CEO of BSW, said: “We are very pleased to have agreed a common approach with SCA to acquire the UK operations, which will significantly strengthen our position with our expanding customer base.
“The opportunity to add value to our established products and widen the products we offer and distribute is extremely exciting. This major milestone in the timber industry provides our customers with a strengthened and broader range and will extend our excellent service provision.
“Through this acquisition, we will deliver a combined package of timber solutions adding to the security of supply for the market.”
Jerry Larsson, President of SCA, commented: “I believe the business will further develop under the ownership of BSW. We will continue to supply raw materials into the UK market via BSW Timber, in addition to our existing Industrial Solutions import and distribution operation.”
The BSW Board looks forward to developing its plans along with the SCA Wood UK team for expansion of the operations and services provided.
This was posted in Bdaily's Members' News section by Tori Lynn .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?
Creating a thriving North East construction sector
Why investors are still backing the North East