BSW Group (“BSW”), the largest integrated forestry and sawmilling business in the UK, has been acquired by the private equity firm Endless LLP (“Endless”), as part of a multi-level growth plan for the company.
After more than 170 years in private family ownership, BSW has grown into the UK’s largest forest products group. Endless has acquired 100% of the business and, following the acquisition, will provide capital to support the next stage in BSW’s development and back its ambitious future growth plans through further market position expansion.
Founded in 1848 in the town of Earlston in Berwickshire, where the head office remains, BSW is the UK’s largest sawmilling group and one of Europe’s top twenty timber producers. BSW has five main operating divisions: tree nurseries, forestry management, tree harvesting, sawmilling, and energy.
Having undertaken a £125 million investment programme over the last 10 years, BSW is committed to supporting sustainable forestry and the group currently has 1,200 employees and turns over £350 million annually. BSW has expanded its business and integrated a long-term supply chain through organic growth and via acquisitions such as Tilhill Forestry, Alvic Plastics and, more recently, Maelor Forest Nurseries.