Announced
Financials
Tags
Majority
Single Bidder
Cross Border
Acquisition
Private Equity
Private
Friendly
Pending
Forestry
United Kingdom
forestry products
Synopsis
binderholz, a manufacturer of timber products, agreed to acquire BSW Timber, an integrated forestry and sawmilling group, from Endless, a private equity firm, for £380m (c.$502m). "We are very pleased to be strengthening our position in the value-add timber market by becoming part of the Binderholz family. The opportunity to enhance our supply chain, and additionally widen our product offering is exciting. This represents another major milestone in the growth of BSW and provides our customers with a more robust and broader range of products," Tony Hackney, BSW CEO.
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