Walker Morris advises Endless-backed BSW Group on latest acquisition

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08/06/2021

Specialist private equity lawyers at Walker Morris have advised BSW Group, the UK’s largest integrated forestry and sawmilling business, on its acquisition of Bayram Timber.

Established over 20 years ago, Bayram Timber is a market leading timber processor and manufacturer and a key supplier to the UK caravan, leisure home and garden sectors. Operating from a 17 acre site in Melton, East Yorkshire the business has annual sales of £30 million and employs over 160 people.

The acquisition will take the combined turnover of the BSW Group to over £580 million and further strengthens BSW Group’s value-added processing capabilities and broadens the group’s product offering.

Following the latest acquisition, BSW plans to undertake a significant capital investment program in the Melton site to increase capacity and broaden the capabilities of the business.

Walker Morris fielded a specialist team led by Debbie Jackson (Partner) and Thomas Mieszkowski (Director) both from the Corporate Private Equity Team. They were supported by Daniel O’Connell (Corporate), Nicola Parkinson (Tax), Andrew Rayment (Employment), Andrew Northage, Stuart Ponting and Claire Burrows (Regulatory), Jeremy Moore and Thomas Jackson (Real Estate), Alan Harper (Intellectual Property), Liz Graham (Pensions), Lee Crook (Commercial) and James Crellin (Banking).

Tony Hackney, Chief Executive at BSW Group said:

“We are very pleased to be strengthening our position in the value-add timber market by acquiring Bayram. The opportunity to enhance our supply chain, and additionally widen our product offering is exciting. This represents another major milestone in the growth of BSW and provides our customers with a more robust and broader range of products.

“We are looking forward to drawing on the expertise and knowledge of Geoff, Chris Husband and the whole team at Bayram.”

Debbie Jackson added:

“We are delighted to continue to support BSW Group on this latest acquisition, having previously worked with them on the acquisition of Dick Brothers Forestry and SCA Wood at the end of 2020. The acquisition of Bayram Timber represents a great fit for both companies and will greatly assist in accelerating their future expansion plans.”

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