6 | UK News
Glennon Brothers acquires Pontrilas Group
Glennon Brothers has announced the acquisition of the Hereford-based Pontrilas Group, adding £120m of turnover to its business.
Founded in 1947 by the Hickman family,
the Pontrilas Group is a timber processing business strategically situated on the Welsh border and with an annual sawn capacity believed to be approximately 200,000m3
.
Pontrilas is one of the UK’s leading independent sawmill and packaging businesses, with the Pontrilas mill being the largest timber processing mill in England and Wales. With a team of over 530 people, it is led by an experienced long serving management team and has a turnover of £120m. “We are delighted to welcome the
Pontrilas Group into the Glennon Brothers family,” said Glennon Brothers joint managing director Mike Glennon. “This is a significant milestone in Glennon Brothers history, which dates back to 1913. This provides our customers with an enhanced product and service offering, as well as increased overall production capacity for the future. This acquisition allows us to continue fulfilling our commitment to our customers of offering a one stop shop solution for sawn softwood across the UK and Ireland”.
“The opportunity to add value to our established supply chain and core business is extremely exciting,” added joint
Above: The Hereford site of Pontrilas Group
managing director Pat Glennon. “We are thrilled to welcome the Pontrilas team into the Glennon Brothers family, and are excited to start working with them collaboratively, sharing ideas and developing best practice across the wider business. By adding Pontrilas to our existing business, it further enhances our capability to operate fully from forest to front door.”
Glennon Brothers has been at the forefront of green technology solutions within the sawmilling, timber frame home manufacturing, and energy sectors. The addition of the Pontrilas group offers
further opportunities, as well as reinforcing the business’ green credentials and overall commitment to sustainability. Pontrilas chairman Jeremy Hickman said he and the Hickman family were pleased to wish Glennon Brothers and the Pontrilas Group every success in the future, while Jonathan Poynton, Pontrilas’s CEO, said “the team at Pontrilas are delighted to be joining the Glennon Brothers family of companies, and we look forward to exciting times ahead for the enlarged business”.
The acquisition was announced following closing of the agreement on January 27.
Above: Pontrilas vehicle fleet TTJ | Spring 2016 |
www.ttjonline.com
UK News
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