Premier Forest Products has acquires two Arnold Laver sites out of administration

Arnold Laver was a brand of National Timber Group England, which filed for administration in November

Leading timber company Premier Forest Products has acquired two Arnold Laver locations from administrators of the National Timber Group England.

The move secures 36 jobs at the two sites in Reading and Manchester, with plans to increase that number to over 100 as the branches are rebuilt and re-staffed, ensuring continuity for customers and suppliers.

The acquisition supports Premier Forest’s long-term plans to build a sustainable UK-wide network.

Arnold Laver was an established brand within the National Timber Group England, which filed for administration in November following ongoing financial pressures across the timber and construction markets.

Administrators have since been working to secure the future of viable parts of the business through the sale of selected sites and operations.

The Reading and Manchester sites will now trade under the Premier Forest brand.

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Terry Edgell, co-founder and chief executive of Premier Forest Products, which is headquartered in Newport said:“Our priority throughout this process has been to provide stability for the affected teams and ensure customers continue to receive the service they rely on.

“We are pleased that we have been able to protect jobs and bring these two sites into the Premier Forest Group. This is a carefully considered decision that strengthens our ability to serve key regional markets.

“It supports the long-term growth plans for the wider business during challenging trading conditions for the industry as a whole.”

Mr Edgell added:“Premier Forest Products has remained independently owned for more than 30 years, and our approach has always been to think long term. This move reflects our commitment to building a sustainable future for the business, our people and our customers.”