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 producer of bespoke staircases.
Established in 1988 and based in Westbury, Wiltshire, Stairway Joinery Ltd designs and manufactures bespoke staircases for residential and commercial buildings. With a strong reputation for excellence, Stairway Joinery Ltd is renowned for its skill and craftsmanship in creating individually tailored solutions for its clients.
Terry Edgell, Co-founder and CEO of Premier Forest Products, said: “The acquisition of Stairway Joinery Ltd is the perfect fit for Premier Forest as we continue to expand our presence in the south west of England.
“The addition of bespoke staircases to our portfolio of products strategically complements the Premier Forest customer offer, helping us to better serve residential and commercial markets. We are confident that the synergies this partnership yields will benefit our customers, while strengthening our market position as a specialist timber solutions provider.”
Darren Smith, previous Co-owner of Stairway Joinery Ltd, said: “It is with great pleasure that I can announce we are joining Premier Forest, who are such a powerhouse in the industry. The modernisation opportunities that will come from being part of such a forward-thinking group will enable us to grow our business and I’m excited to see what the future holds.”
Robert Houkes, previous Co-owner of Stairway Joinery Ltd, said: “I’m very proud of our achievements over the past thirty-six years. We have developed a successful business in a niche market and can now continue our journey with the backing of a thriving, like-minded company. With Premier Forest’s patronage and support, our business will continue to flourish.”
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, processing, merchanting, and wholesale distribution of timber and timber products from its multiple sites in the UK.