British and Irish wood products supplier, Balcas Timber, has acquired the trading assets of wood pellet distributor, Forever Fuels.
The deal will strengthen Balcas' position as a principal supplier in the UK and Ireland wood pellet industry.
All employees of Forever Fuels have now transferred over to Balcas.
Ian McCracken, Balcas Brites Business Development Director, said: "We are confident that the combination of the Forever Fuel team's experience of making industry leading deliveries of wood pellets and the Balcas team's experience in manufacturing wood pellets will make brites the best choice for all users of wood pellets. This will improve security of supply and we will continue to develop our friendly service offering, including online ordering and technical know-how."
On behalf of Summerleaze (parent company to Forever Fuels), Bruno Prior, Director said: "We are pleased with the potential of this new direction and a clear determination from the new owner to harness the existing strengths of both companies to provide a long-term future. All of the employees of Forever Fuels have transferred to Balcas and we look forward with confidence to the business growing strongly under its new owners."
(LM/CM)
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