Irish timber supplier acquired by Latham plc

La Salle can reveal that Abbey Woods, Irelands official supplier of Accoya wood, has been bought buy James Latham plc, whose headquarters are in Hemel Hempstead

Business acquired: Abbey Woods

Activities: The Irish company, founded in 1983, has bases in Cork and Dublin. They specialise in the supply of Accoya, Hardwood and Softwood Timber, Hardwood Decking, Composite Decking, Claddings, Worktops and Wood Components for use in a variety of market segments, from Building and Construction to Kitchen, Furniture and Joinery Manufacturers.

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Purchaser: James Latham plc

Activities: The company was incorporated in 1900, yet their history dates back to 1757 when the first James Latham began importing hardwoods into Liverpool. Since then, the company has developed into a leading distributor of a wide-range of wood-based panel products. The company listed on the London Stock Exchange in December 2004.

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Additional info:

Nick Latham, chairman of James Latham, said: "We are delighted to have acquired Abbey Woods which is our first acquisition outside of the UK.

"There are strong synergies between the two companies and it complements our existing business in Ireland that is currently serviced from our Leeds depot. I look forward to working with the Abbey Woods team."