UK News | 9
Donaldson Group acquires Stewart Milne Timber Systems
The Donaldson Group has acquired leading UK timber frame manufacturer, Stewart Milne Timber Systems (SMTS), marking the Group’s entry into the timber frame market.
Established in 1975 as the timber frame arm of the Stewart Milne Group, Aberdeen- based SMTS is a UK pioneer in timber frame technology and manufacturing, operating throughout the country from three manufacturing plants in Aberdeen, Witney and a new facility in Falkirk. All staff and operations will continue unchanged. Alex Goodfellow (Stewart Milne Group managing director – strategic development) will transfer with the business into the role of chief executive officer, Donaldson Off-site Manufacturing and join Rod Allan (SMTS managing director) and the current board of directors in continuing to drive the business forwards.
With 160 years of expertise in timber importing and distribution, as well as decades of experience in timber engineering and merchanting, this acquisition strategically and operationally complements the Donaldson Group portfolio, allowing the Group to offer a stronger timber package for residential and commercial applications to all its current and future customers.
The move further supports Donaldsons’ growth strategy and follows a run of acquisitions, following the additions of Kitchens International, Stonecare, Rowan Manufacturing and Smith and Frater since the start of 2020. “We’re delighted and proud to have successfully acquired this terrific timber frame business,” said Andrew Donaldson, CEO of the Donaldson Group.
“This deal secures the future for a leading UK-based business; enabling the growth
plans for it to reach its full potential, while providing reliability and stability for its existing and new customers. SMTS is a natural fit for the Donaldson Group; it offers a similar family-owned ethos, and has a strong reputation and track record for investment and innovation. “We’re pleased to welcome all 411 employees to our family business and look forward to working closely with Alex and the full team.” “We have secured the perfect partner who is committed to our growth strategy and who will support us to achieve our vision,” added Alex Goodfellow, CEO, Donaldson Off-site Manufacturing.
“The Donaldson Group has a strong reputation for partnerships, reliability and integrity and we are clearly aligned both strategically and operationally, which can only help strengthen our market-leading position.”
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www.ttjonline.com | January/February 2022 | TTJ
UK News
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