Forest Garden confirms acquisition of M&M Timber
Published: 06 January, 2014
Forest Garden Group has acquired the business of M&M Timber for an undisclosed sum.
As part of its long-term strategy, the Forest Garden Group has been seeking to strengthen and grow its business through acquisition and M&M Timber represents a perfect and complementary fit to the group.
M&M has a long established and reputable business within the UK garden centre sector which will dovetail smoothly with Forest’s existing portfolio. The acquisition will also allow M&M to focus on further developing its offer into the landscaping, agricultural and play equipment channels with the direct support of Forest. Furthermore, M&M’s full product range developed through its cutting edge timber treatment technology will now have access to the wider multi-channel markets that are serviced by Forest.
Situated close to each other in Worcestershire, the combination of the two businesses will enable the larger group to fully leverage the strengths of each, with a continued commitment to providing quality and innovative products to the multi-channel markets in the UK.
Commenting on the acquisition, Nigel Poyner, managing director of M&M Timber, said: “We are excited by this new chapter in M&M’s history; with the support of Forest we will now be able to invest the time and resources needed to develop our more specialist markets that we have for so long sought to focus on.”
Guy Grainger, group chief executive of Forest Garden Group, added: “I am delighted to welcome M&M into our business. The opportunities this brings, not just to M&M but to us collectively, are significant. All of our customer channels will feel the benefit of this acquisition from a wider product and service offer to new innovations from the timber technology now available to the group.”