2018 International Forest Industries IFI Feb March 2018 Digital | Page 24

LUMBER PROCESSING NEWS
Bergs Timber to acquire Norvik Timber Industries’ operations
in Latvia, Estonia and the UK including Vika Wood
Bergs Timber AB in Sweden has
signed a letter of with Bergs
Timber’s principal owner, Icelandic
Norvik hf to the acquisition of a
number of companies within Norvik
Timber Industries with operations
in Latvia, Estonia and the United
Kingdom.
“With the planned transaction,
our product offering is increased
significantly. We will cooprate in
different ways in the new planned
group to further improve the
profitability and the service to
the market. At the same time, the
business will continue to operate
with a strong decentralized
responsibility under existing
brands,” says Peter Nilsson, CEO of
Bergs Timber.
A completed acquisition will
increase Bergs Timber’s product
processing and is thus intended to
limit Bergs Timber’s sensitivity to
fluctuations in the economic cycle.
At the same time, Bergs Timber
assesses that there is potential for
synergies within areas such as raw
material procurement, distribution
and sales.
Peter Nilsson,
CEO of Bergs Timber
James Jones & Sons invests £7m in new I-joist line
As part of a continuing investment
programme at its JJI-Joist plant in
Forres, Scotland, James Jones &
Sons Ltd has announced that a
contract has been placed with US
based Globe Machine Manufacturing
Co. to supply and install a new high-
speed, automated I-Joist assembly
line. The total project investment
will be almost GBP 7 millioN.
Angus Macfarlane, General
Manager of James Jones &
Sons’ Timber Systems Division
commented: “The new line will
be one of the most advanced in
the market place and will allow us
to offer customers specification
flexibility and product innovation.
We anticipate that we will see
JJI-Joists coming off the new line
in 4Q 2018.”
Cairngorm Capital Partners acquires North Yorkshire Timber
NY Timber will be merged with
existing Cairngorm portfolio
company Thornbridge, which
Cairngorm picked up in November
last year, the private equity firm’s
first investment from Cairngorm
Capital II.
The merger is Cairngorm’s latest
step in its bid to consolidate the
UK value-added timber distribution
market. The combined group will
generate revenues of over £50m
(€44.4m) across its 15 branches in
the north of England and Scotland
and will employ over 360 people.
Headquartered in Northallerton,
NYTimber offers a range of timber,
sheet and joinery products and has
a specialist roof solutions division.
The business saw revenues of
£18m last year and employs over
200 staff. NY Timber’s managing
director, Nick Kershaw, will
continue to lead the business and
will join the group board.
Cairngorm’s Edinburgh office
head Neil McGill said: “We
have been working hard to find
opportunities to scale our timber
business rapidly. Like Thornbridge,
NYTimber is a very high-quality
business with a great management
team.
Nick Kershaw,
MD at NYTimber
CARBOTECH expands with a new office in Québec City
Always striving to increase
its business volume while
maintainingpersonalized customer
support, Carbotech has announced
the opening of a new office on
Québec City’s north shore (Saint-
Nicholas sector).
A division of the Plessiville head
office’s engineering department,
the new offices will mainly
accommodate new draftspeople,
mechanical engineering
technicians, engineers, project
managers and the members of our
after-sales service, CARBOCARE.
Taking advantage of its
momentum and a favourable
economy, Carbotech will continue
developing markets in South
America, Europe, Oceania, the
United States and Canada. At
the same time, the company will
maintain its contribution to the
lumber industry by continuing to
develop patented concepts for
efficient lumber production.
Carbotech will be launching an
SAWMILL CAMERAS
North America
800-578-1853
CC04 Camera
Vibration Proof
NETWORK & HI-DEF
SOLUTIONS
Europe
1-604-569-3240
www.toughestvideocamera.com
22 International Forest Industries | FEBRUARY / MARCH 2018
extensive recruitment campaign
in the greater Québec City area to
welcome more people to its team.
CC02-TVI
Sawmill Camera