Friday, December 24, 2021
Donaldson Group, has recently acquired one of the UK’s leading timber frame manufacturers, Stewart Milne Timber Systems (SMTS), marking the Donaldson Group’s entry into the timber frame market. Stewart Milne Group, Aberdeen-based SMTS is one of the pioneers in UK in timber frame technology and manufacturing, operating throughout the country from three manufacturing plants in Aberdeen, Witney and a new facility in Falkirk.
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 their current and future customers. The move further supports Donaldsons growth strategy and follows a run of acquisitions by the Group, following the additions of Kitchens International, Stonecare, Rowan Manufacturing and Smith and Frater since the start of 2020.
Announcing the acquisition, Andrew Donaldson, CEO of the Donaldson Group, said: “We’re delighted and proud to have successfully acquired this terrific timber frame business. This deal secures the future for a leading UK business for national and trade media; 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.
“This is an exciting move for the Donaldson Group, as we venture into the timber frame market at a time when interest in the material has never been higher. The use of timber frame is anticipated to double in the next five years as housebuilders turn to modern methods of construction and renewable sources to achieve crucial net-zero carbon targets. This acquisition supports the Donaldson Group’s commitment to sustainability: building a sustainable business and supporting a sustainable industry.”
Tags: Donaldson Group, manufacturing plant, Stewart Milne Timber Systems, timber frame market, wood news, woodworking and manufacturing, woodworking industry
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