Wed, 02 Jun 2021 | MERGER
Endless portfolio company BSW Group, one of the UK's largest integrated forestry and sawmilling businesses, has announced that it has acquired a £30m-turnover timber business.
Bayram Timber, an East Yorkshire timber processor and manufacturer, was established more than 20 years ago and has become one of the UK's leading suppliers for the caravan, leisure home and garden sectors.
Operating from a 17 acre site in Melton, the company boasts annual sales of £30 million. The acquisition of the business takes the combined turnover of the BSW Group to over £580 million. BSW now plans to undertake a significant investment program in the site with views to increasing capacity and broadening the capabilities of the timber business.
Commenting on the acquisition, Tony Hackney, chief executive at BSW, said: "We are very pleased to be strengthening our position in the value-add timber market by acquiring Bayram.
"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."
BSW was founded in 1848 and is based at its headquarters in Earlston, Scotland. It was acquired by Endless in February 2020.
Aidan Robson, partner at Endless, confirmed the purchase of Bayram will help BSW with its ongoing growth strategy. He said in a statement: "This is the third acquisition by BSW in six months and takes the business to over £580m turnover. We look forward to working with Geoff, Chris Husband and the wider Bayram team to further grow the business as part of the BSW family."
A well established independent electrical wholesaler with experienced knowledgeable staff. Successfully trading to the local Trade, Industry and General Public since 2004 from a modern leasehold premises with a spacious shop and stores on 2 levels.
LEASEHOLD
Very strong rapport with chefs and food business owners in Scottish lowlands. Income of £4,192k for the year ending April 2018 with an EBITDA of £258k. Exclusive contract to supply schools across two local authority areas. Head-quartered and trading...
LEASEHOLD
This well established business has been providing cooked meats and food to retailers for over 30 years and also has several mobile refrigerated vehicles on the road doing the rounds to local businesses catering for their staff.
LEASEHOLD
26
|
May
|
Administrators to bring landmark Sheffield building to market | ADMINISTRATION
A landmark building in Sheffield is to be put up for sale af...
25
|
May
|
Circular economy group expands with UK takeover | BUSINESS SALE
Reconomy Group, a global circular economy firm, has acquired...
25
|
May
|
Assets of leisure firm to be sold amid FCA investigation | ADMINISTRATION
Administrators are seeking a buyer for the business and asse...
08
|
Jul
|
Theo Fennell management acquires business from Endless | BUSINESS SALE
Private equity firm Endless has sold British jewellery and s...
11
|
Jun
|
Menzies Distribution continues growth with JBT acquisition | BUSINESS SALE
Menzies Distribution, which is backed by private equity firm...
02
|
Dec
|
Private-equity backed firm acquires timber processor and distributor | BUSINESS SALE
BSW Group, which is backed by private-equity firm Endless LL...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.