DCSIMG

Colsterworth timber firm takes over competitor

News

News

Colsterworth firm Associated Timber Services has bought the assets of competitor John Boddy Timber.

The acquisition sees Associated Timber Services become the largest home-grown hardwood timber merchant in the north of England. The company says it will save 
jobs and strengthen the existing business by providing a one-stop-shop service from ‘tree to finished product’.

The company, based in Honey Pot Lane, bought its competitor after agreeing a £1.25 million funding package from Santander Corporate and Commercial.

The company was founded in 1987 by Managing Director and majority shareholder Andy Lodowski.

Mr Lodowski said: “We are very excited about this latest expansion.

“We now have three sites across the north of England which will help increase our market share.”

 

Comments

 
 

Back to the top of the page