Glennon Brothers has purchased timber processing firm Pontrilas Group in a move hailed as a “significant milestone” for the family-run Ayshire firm.
Pontrilas Group, which was founded in 1947 by the Hickman family, has its headquarters in Hereford. It offers sawmilling, builders’ merchants, and industrial packaging services, and has over 530 employees and a £120m turnover. The group runs a fleet of 64 trucks and 95 trailers.
Mike Glennon, joint MD of Glennon Brothers, said: “We are delighted to welcome the Pontrilas Group into the Glennon Brothers family.
“This is a significant milestone in Glennon Brothers history, which dates back to 1913. This provides our customers with an enhanced product and service offering, as well as increased overall production capacity for the future.
“This acquisition allows us to continue fulfilling our commitment to our customers of offering a one-stop-shop solution for sawn softwood across the UK and Ireland.”
Pat Glennon, joint MD, added: “The opportunity to add value to our established supply chain and core business is extremely exciting.
“By adding Pontrilas to our existing business, it further enhances our capability to operate fully from forest to front door.”
Speaking on behalf of the Hickman family, Pontrilas chairman Jeremy Hickman wished Glennon Brothers and the Pontrilas Group every success in the future.
Jonathan Poynton, Pontrilas chief executive, added that “the team at Pontrilas are delighted to be joining the Glennon Brothers family of companies, and we look forward to exciting times ahead for the enlarged business”.
