Donaldson Group Announces Purchase of Stewart Milne Timber Frame Business
Original Source:
Scottish firm snaps up Stewart Milne’s timber frame arm
Scottish firm snaps up Stewart Milne’s timber frame arm
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.
Established in 1975 as the timber frame arm of the Stewart Milne Group, SMTS operates across the UK from three manufacturing plants in Aberdeen, Witney, Oxfordshire, and a new facility in Falkirk. Milne put the business division up for sale in October as part of an ongoing restructuring and refinancing process by the Scottish homebuilder.
Other timber firms in Donaldson’s portfolio include MGM Timber, Donaldson Timber Engineering, James Donaldson Timber.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.