National Timber Group (NTG) has acquired SV Timber. Established in 2004, SV Timber is a specialist independent timber merchant supplying a range of timber materials from three branches across the Midlands. It recently supplied the timber for the Commonwealth Games in Birmingham.This acquisition fills a geographic gap in NTG's existing branch network and further extends its customers reach across the Midlands. It is the latest big step forward in NTG’s drive to be the largest independent specialist timber-processing and distribution group in the UK.
BDO provided financial and tax due diligence on the acquisition.