Timbmet acquired by Hadleigh Timber Group
Published: 23 January, 2017
Timbmet, a supplier and processor of timber and panel product ranges, has been acquired by Hadleigh Timber Group.
Timbmet, based in Shellingford, Oxfordshire, was founded in 1942 and now offers a wide range of products, in-house manufacturing capabilities and its own milling facility based in Glasgow.
The company will now join Meyer, Panelco and Premium within the Hadleigh Group.
In a statement, Hadleigh Timber chairman Martyn Meade said: "Hadleigh considers this acquisition to be a strategic step forward to compliment its existing operations. The main focus of the combined businesses will be to provide customer service at the highest level.
"While there will undoubtedly be a period of change I am sure with everyone's cooperation and enthusiasm, we can continue and strengthen the reputation of Timbmet and the Hadleigh Group as a whole."
Chris Rudd, the chief executive officer of the Hadleigh Group, will immediately assume management responsibility for Timbmet and its subsidiaries.