09 December 2022
BTO’s Corporate team is delighted to have acted in the sale of Dunfermline based family business Scott Group Investments Ltd (Scott Pallets) to BSW Timber Ltd, part of the Binderholz Group, a global sawmilling group with operations in Austria, Germany, Finland and the USA, and headquartered in Earlston, Scotland.
BSW Timber is the largest integrated forestry business in the UK and Scott Group, with an annual turnover in excess of £250m, supplies around 30 million pallets per year to a wide variety of industry sectors.
BTO’s legal team was led by Scott Wyper, who heads BTO’s Corporate and M&A team, and Partner Emma Barclay.
Scott commented:
“It was a pleasure to be part of this sale as both parties are so well matched. Each share a similar vision and growth strategy and have grown organically and through acquisitions over the years and together will have an exciting future.”
Emma added
“We look forward to continuing our longstanding relationship with Scott Group and assisting them to further build their business in the UK and beyond. We are excited to see what the future holds for this combination of companies.”
Scott Wyper, Partner: swy@bto.co.uk / 0141 225 5301
Emma Barclay, Partner: eba@bto.co.uk / 0141 225 4835