SCA Timber Supply UK has announced that it has acquired Swedscot Timber, a timber distribution business in Cumbernauld Scotland, for an undisclosed sum.
Swedscot, who serves the builders’ merchant market with timber and associated products, was established in 2003 and has been based in Cumbernauld since 2011.
SCA has also acquired additional property next to the Swedscot Timber operation in order to expand upon current trading activities.
All existing Swedscot Timber employees will remain under the leadership of the previous owner, Steven McRitchie, who will now become general manager for the Scottish operation, which will be rebranded as SCA Merchant Services.
Mr McRitchie said: "We are excited about the future. We believe that with SCA’s scale and expertise, we will be able to realise our ambitious plans and offer further benefits to our loyal customer base.”
John Griffiths, managing director of SCA Timber Supply UK, added: “We have been interested in expanding our distribution capabilities into Scotland to offer a national distribution solution for our merchant customer base. We are delighted to have acquired Swedscot in addition to retaining the services of Steven McRitchie and his team.”