Glennon Brothers has entered into an agreement with SHV Energy to buy Balcas

Balcas operates a sawmill in Enniskillen, County Fermanagh, Northern Ireland, producing quality sawn timber products for the fencing, landscaping, agricultural, construction, and pallet and packaging sectors.

The company also operates two renewable energy plants at Enniskillen and Invergordon, Scotland, which incorporate combined heat and power and wood pellet production. Balcas Energy’s Invergordon facility manufactures up to 100,000 tonnes of wood pellets and the Eniskillen site can produce 70,000 tonnes.

The agreement is subject to approval from the UK Competition and Markets Authority and Competition and Consumer Protection Commission in Ireland.