SCA divests SCA Wood Supply UK Ltd to BSW Timber Ltd

SCA Wood Supply UK Ltd, which is engaged in the manufacture and distribution of timber and associated products for the Home Improvement and Builders Merchant sector in the United Kingdom, has been divested to BSW Timber Ltd. SCA will keep its organization for the sales of wood products to industrial customers in the UK.

“We have been very pleased with the development of SCA Wood Supply UK, both in the Home Improvement and Builders Merchant sector, but we believe that the business will further develop under the ownership of BSW”, says Jerry Larsson, President of SCA Wood.

“We will continue to supply sawn timber to BSW Timber, for sale on the UK market, in addition to our existing UK Industrial Solutions import and distribution operations, which remain part of SCA Wood.”

The transaction is expected to reduce the SCA group’s net sales by about SEK 1,400m on an annual basis and EBITDA by around SEK 25m on an annual basis. Net Debt has been reduced by around SEK 150m as a result of the transaction.

Approximately 280 SCA employees in the UK will join BSW Timber as part of the transaction.