Business News Wales  |

Subscribe to the daily newsletter updates

Banc-leaderboard-advert-1430px-x-145px_Equity
Openreach section sidebar

Dev-Bank Wales MBO

Checks-Direct-Sidebar

CIH-BNW-Under-Section-Sidebar
20 November 2023

Premier Forest Products Strengthens its Portfolio with Another Acquisition


Premier Forest Products, a leader in the UK's timber and timber products industry, has announced its latest acquisition with the purchase of a specialist fire door manufacturing business.

Established in 1996 and based in Newport, Paul White Ironmongery, Doors, and Fixings (PWIDF), is a renowned specialist door manufacturer with a strong reputation for precision and quality. The business is based on Langland Way, Newport, just a short distance away from Premier Forest’s head office and employs 22 staff.

L-R Paul White, Founder, PWIDF and Terry Edgell, Co-founder and CEO, Premier Forest

PWIDF is known locally and nationally for its craftsmanship in manufacturing fully compliant, precision fit fire doors – a growing market. The company also distributes a range of accompanying ironmongery, such as hinges and locks, further enhancing the security and functionality of its products, as well as providing a solutions-based design service for its clients.

Terry Edgell, Co-founder and CEO of Premier Forest Products, said:

“The acquisition of PWIDF is the perfect fit for Premier Forest Products as we continue to expand our presence in the contract joinery sector, particularly in South Wales, and the team’s bespoke fire door offering fits seamlessly alongside our existing timber-based fire protection products. We are confident that this partnership will drive our business forward and close a gap in our current range, further enhancing the product range available to customers.

“All 22 highly skilled PWIDF employees will be retained, ensuring a smooth transition and preserving the expertise and craftsmanship that have made the company successful. These dedicated professionals will play a vital role in driving the business forward and contributing to its continued success.”

Paul White, founder of PWIDF and member of the Guild of Architectural Ironmongers, said:

“I’m extremely proud of the niche we have carved in the highly specialised door market and look forward to growing even further as part of Premier Forest in our new chapter. I believe that our business will flourish under the Premier Forest family, and together, we will have the resources and support to take our products to the next level.”

The deal was structured and completed with the support of Acuity Law providing legal counsel, Gambit Corporate Finance who supported the Premier Forest team throughout the deal process, and Kilsby Williams accountants, who conducted financial due diligence.

Premier Forest Products is a vertically integrated timber operation engaged in the importation, sawmilling, processing, merchanting, and wholesale distribution of timber and timber products from its multiple sites in the UK.


 



Columns & Features:


Manufacturing
21 June 2024

Our Journey Towards True Circularity
Guest Author
21 June 2024

A Warm Welsh Welcome Starts With Destination Marketing
Technology
21 June 2024

Giving Businesses a Competitive Edge Via Industry 4.0
Guest Author
21 June 2024

Diversifying for Rural Business Growth

In Other News:

Business News Wales //