National Timber Group Acquires Hymor Timber

National Timber Group (Cairngorm Capital portfolio) Acquires Orchard Timber Products

November 16, 2021

Building Products

National Timber Group, a portfolio company of Cairngorm Capital Partners, has acquired Orchard Timber Products Limited, a specialist timber and solid wood flooring distributor headquartered in Forfar, Scotland. The deal expands NTG's footprint in Scotland and adds complementary solid wood flooring capability and stockholding to the Group's product offering; Orchard Timber's owners (Scott McKinlay, Kevin Golder and Stuart Fraser) will remain working in the business.

National Timber Group Acquires SV Timber

September 20, 2022

Building Products

Cairngorm Capital-backed National Timber Group has acquired SV Timber Limited, a specialist timber merchant with three branches across the Midlands. The bolt-on expands NTG's Midlands footprint and customer reach; SV Timber's founders Edward Holder and Richard Rowley will remain involved as the business relocates its flagship site from Ilkeston to larger premises in Nottingham.

National Timber Group Acquires NORclad

January 4, 2023

Building Products

National Timber Group, a portfolio company of Cairngorm Capital, has acquired NORclad Limited, a North Somerset-based specialist manufacturer and supplier of bespoke fire-rated timber cladding. The deal expands NTG's capabilities, range and manufacturing capacity in fire-rated timber cladding; NORclad's shareholders will remain involved in the business.

Rubicon Partners Acquires Consolidated Timber Holdings Group Ltd (CTHG)

July 1, 2021

Building Products

Rubicon Partners has acquired the share capital of Consolidated Timber Holdings Group Ltd (CTHG), a UK timber distribution and manufacturing group whose businesses include MBM Forest Products and Falcon Panel Products. The investment will support an ownership-management transition for the group's director-shareholders and provide capital to grow both the distribution and manufacturing sides of the business.

Iptor Acquires TimberTec

February 1, 2022

Software

Stockholm-based Iptor acquired German TimberTec, a provider of ERP and MES software for the timber industry, in a deal that closed in February 2022. The acquisition is an add-on in Iptor's buy-and-build strategy (backed by funds advised by Bregal Unternehmerkapital) and aims to expand Iptor’s sector capabilities and geographic reach across Europe and into the US.

Nimbus Supports Management Buyout of Hawthorn Timber Limited

April 30, 2021

Building Products

Nimbus, a European private equity investor, has supported a management buyout (MBO) of Hull-based Hawthorn Timber Limited. The transaction backs Hawthorn’s management team — led by MD Richard Thompson — to drive growth across its five sites and continue investing in product innovation and customer service.