November 22 2018
Premier Forest Group, one of the UK’s fastest growing timber groups, has acquired Haverfordwest-based timber importer, Merlwood Timber Ltd.
Established in Newport in 1993 by founding directors Dilwyn Howells, Nigel Williams and Terry Edgell, the Premier Forest Group is now one of the UK’s leading independent importers, manufacturers and distributors of timber and panel products.
The business began as Premier Forest Products Ltd, set up when the founders recognised that there was a gap in the market and has recorded phenomenal growth since, with this latest acquisition being the group’s eighth in the last seven years.
Since 2011, the vertically‐integrated timber group’s turnover has grown from £53m to a projected £136m in the current financial year and Merlwood will contribute in no small part to this ongoing growth.
Merlwood Timber Ltd was formed in 1997 and operates from a three‐acre site in Haverfordwest with other strategic dockside locations within the UK and all staff will be joining Premier after a direct approach from the existing directors, who were keen to safeguard the ‘right ownership,’ the business’ reputation and to secure future investment.