Wood pallet firm buyout
Scott Group has acquired HLC (Wood Products) in a multi-million pound deal bringing together two leading wooden pallet manufacturers. It is expected that the deal will deliver customer benefits in relation to customer service and security of supply.
HLC operates from three, well-invested, automated facilities in the Midlands and South East (Burton-on-Trent, Needham and Peterborough), including biomass and kilning facilities which add additional service capacity and capabilities to that of Scott Pallets.
Scott Pallets MD Alan Gibson said: “Scott Pallets and HLC will trade side by side as part of Scott Group and together offer an unrivalled national network of multi-faceted manufacturing sites, operating to the highest manufacturing standards with particular focus on quality, health and safety, customer service and account management. Together, we are ideally positioned to support customers in a diverse range of industry sectors nationwide. The deal improves our geographical penetration of the large South East market and increases our potential access to European supply.”
HLC is expected to provide additional strategic and operational capacity together with complementary industry leading business processes and systems in readiness to respond to customers’ increasing demand. HLC’s joint Managing Directors, brothers Ryan and Paul Lewis, will remain with the business together with their senior management team. Several directors of Scott Group (Norman Scott, Alan Gibson, Tracy Trotter and Robert Maclean) will also join the board of HLC.
