News in international markets


Binderholz Group Completes Acquisition of British BSW Timber Company

Binderholz UK Holding GmbH, a subsidiary of the Austrian Binderholz Group, is reporting that it has successfully completed the acquisition of the British BSW Timber Company, based in Earlston, Scotland. With the purchase, Binderholz Group becomes Europe’s largest sawmill and solid wood processing industry company. It is estimated that with the acquisition Binderholz Group, in 2022, will have a cumulative annual turnover of €2.6 billion and around 5,000 employees.

Segezha Group’s Sokol Plant Earns Conformité Européenne (CE) Certification for CLT Panels

The Segezha is reporting that their Sokol CLT plant has successfully passed its Conformité Européenne (CE) certification for its cross-laminated timber (CLT) panels. The CE certificate was obtained after a field audit performed by employees of HolzForschung Austria, the largest Austrian wood research and testing institute. The certificate confirms that the enterprise has deployed modern practices to verify that the quality of its products meets European requirements.

Donaldson Group Announces Purchase of Stewart Milne Timber Frame Business

Donaldson Group, a Scottish timber specialist that was founded in 1860 and continues to be operated by the original owner’s family, has announced that they have bought the timber frame arm of housebuilder Stewart Milne for an undisclosed sum. Milne put the business division up for sale in October as part of an ongoing restructuring and refinancing process by the Scottish homebuilder.