Home » News » Management buyout of Snows Timber completed

Management buyout of Snows Timber completed

Snows Timber, previously part of The Bradfords Group, has announced the completion of a management buyout, led by managing director, Ian Church.

Church, alongside Craig Willoughby, supply chain director, and Adam Cray, finance director had their bid for a management buyout approved by The Bradford’s Group in January 2019 and have since been busy completing the deal.

Church said: “This is great news for us and for Snows’ customers. It enables us to create a truly agile business and to continue investing in the areas that really need it. In our customer service proposition, we aim to be the very best in our sector. What excites us the most is the fact we are now truly independent.”

Snows remains a national importer, processor and distributor of timber and timber products through its Andover and Mansfield distribution centres.

The national sales office at Pury Hill Business Park, Towcester, remains and will also become the company’s new head office.

The Glastonbury head office and distribution centre was sold to Sydenham’s in February 2019. As part of the sale agreement, Snows cannot trade in the counties of Devon, Cornwall and Somerset for a period of 12 months, starting on 1 March 2019.

x

Check Also

Peter Latham announced as non-executive commissioner to Forestry Commission England

DEFRA has announced the appointment of Peter Latham as one of three new non-executive commissioners to Forestry Commission England.