Building industry leader Big River Group is continuing to expand its national network and increase its architectural product offering after the acquisition of specialty manufacturer Timberwood Group. The acquisition sees the combining of two strong and successful operating histories to create a larger and more diversified business.
While Big River Group is the recognized expert in plywood and decorative panels, the opportunity to buy a quality player with niche manufacturing and distribution capabilities across a range of panel products was especially attractive to Big River. The purchase was consistent with Big River’s strategy for geographical and segment growth, transforming the Group into a major player in the plywood and architectural panel markets across both Australia and New Zealand.
Timberwood has operated in the market for 13 years, and is particularly strong in the architectural product area as a specialty manufacturer and distributor of a range of panel products including veneers, veneered and coloured boards, plywood, particleboard and MDF.
“I am excited to announce that Big River is embarking on a significant step in progressing its growth strategy in the specialty panels market, with a transaction that will transform us into a leading player in plywood and architectural panel markets. This is highly complementary with the expansion the company undertook into New Zealand in 2019, together with the long history Big River has across a range of specialized panel products,” said Big River’s CEO Jim Bindon.
As well as having a strong, diverse customer network and both local and overseas suppliers, Timberwood has operations across three sites in Victoria and the ACT, as well as customers across all states and territories.
With the acquisition of Timberwood, Big River Group now owns and manages 21 sales and distribution outlets across Australia and New Zealand, as well as manufacturing and fabrication facilities at Grafton and Wagga Wagga in NSW, Melbourne, Geelong, Adelaide, Perth and Auckland in New Zealand.
Big River Group has been operating for over 110 years, manufacturing and distributing timber and steel formwork products, timber flooring, building products, structural plywood and related timber products. It also distributes a broad range of other building products, including MaxiWall and MaxiFloor, primarily to the commercial, residential and infrastructure construction market segments.
