binderholz-backed BSW Timber completed the acquisition of Scott Group.

binderholz-backed BSW Timber, a integrated timber and forestry business in the UK, completed the acquisition of Scott Group, a supplier of timber pallets and bespoke timber packaging solutions. Financial terms were not disclosed. “We’re absolutely thrilled to have acquired Scott Group. It’s a move which further strengthens our product and service offering. It ties into our vision of not only making use of the full value of timber, but also of achieving the best uses for timber across the BSW Group, whilst fully utilising the logistical firepower of the combined businesses. This strategic acquisition means that we are poised ready to serve our customers when we see the economic recovery and upturn," Tony Hackney, BSW Group CEO.