The purchase makes it Europe\u2019s largest company in the sawmill and solid wood processing industry.<\/p>\n
The acquisition of the British BSW Timber, based in Earlston, Scotland, by Binderholz UK Holding GmbH, a subsidiary of the Austrian binderholz Group, has been successfully concluded with the closing of the transaction.<\/p>\n
In 2022, Binderholz will become Europe\u2019s largest group in the sawmill and solid wood processing industry segment, with a cumulative annual turnover of \u20ac2.6 billion and around 5,000 employees. The brand name BSW will be retained after integration into the Binderholz Group, and the current management will continue to lead the company.<\/p>\n
\u201cWith a strong focus on sustainability, Binderholz and BSW pursue a forward-looking and at the same time, tradition-conscious corporate philosophy. The purchase of BSW is an essential component of our long-term expansion and sustainability strategy,\" said Reinhard Binder, Owner and CEO of Binderholz.<\/p>\n
BSW Timber is the largest sawmill group in the UK in 2021, with a turnover of around \u00a3700 million. BSW was founded in 1848 in Earlston, Scotland and has a production capacity of over 1.2 million cubic meters of sawn timber per year. The company, which employs around 2,000 employees, operates seven sawmill sites in the UK, one sawmill site in Latvia and seven other production sites in the UK.<\/p>\n
BSW is active along the entire value chain of the sawmill industry: from sustainable forest management and forest maintenance \u2013 with capacity to plant up to 50 million new high-quality seedlings per year \u2013 to timber harvesting, sawmill operations, timber processing and distribution as well as biomass energy.<\/p>","protected":false},"excerpt":{"rendered":"
The purchase makes it Europe\u2019s largest company in the sawmill and solid wood processing industry. The acquisition of the British BSW Timber, based in Earlston, Scotland, by Binderholz UK Holding GmbH, a subsidiary of the Austrian binderholz Group, has been … Continue reading