James Jones & Sons Ltd. takes 60% stake in Australian Hyne Timber
James Jones & Sons Ltd., a family-owned and managed forest products company, now under its 5th generation of leadership and operating from 27 locations strategically located across the UK, recently announced that it has acquired approximately 60% of the shares in Mayflower Enterprises Pty Ltd., located in Australia. Mayflower Enterprises is the holding company of Hyne Timber and XLam. The transaction was approved by the Mayflower Enterprises shareholders and by the Australian Treasury’s Foreign Investment Review Board. Mayflower Enterprises Pty Ltd is a sixth generation, family-owned company with an annual turnover of AUD ...
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