BSW Timber Ltd has acquired Scott Group, a leading supplier of timber pallets and bespoke timber packaging solutions. Based near Dunfermline in Scotland, with an annual turnover in excess of GBP 250 million and 1,300 employees, Scott Group is an award-winning, sustainable manufacturer of new, bespoke, and reconditioned timber pallets, producing over 30 million pallets per year.
With the acquisition of Scott Group, BSW Group now employs 3,000 people across the sector, and has an annual turnover of approximately GBP 900 million, with this acquisition Binderholz Group turnover reaching almost Euro 2.8 billion.
BSW CEO Tony Hackney and CFO Alan Milne will join the existing Scott Group Board of Directors, who will continue in their current roles.
BSW Timber Ltd is the largest integrated timber and forestry business in the UK, and a member of Binderholz.