Wood-based panel manufacturer Egger UK sells its forest management arm to Scotland-based RTS Ltd. The Egger Forest Management team will move across on 1st October to RTS Ltd, which employs 40 people and is headquartered in Crieff, Perthshire, as the company says in the press release received by Lesprom Network.
Whilst Egger UK remains fully committed to its harvesting operation, with its GBP 34 million turnover, this sale marks the withdrawal of the company from direct forest management operations, which had been developed by Egger Forestry over the last six years.
The Egger UK panelboard business employs 640 people at its particle board factory in Hexham, Northumberland and another 130 people at its Barony plant in Auchinleck, Ayrshire.
The remaining employees work for Egger’s Timberpak subsidiary.
John Paterson, Director of Egger Forestry, said: “We have taken a strategic decision to sell this specialist part of the Egger business and focus on our harvesting operation which is a key supplier of roundwood to our production sites at Hexham and Auchinleck."
Simon Hart, Business Development Manager of Egger Forestry, set up the Forest Management arm when he joined Egger six years ago, and moves across to RTS Ltd as part of the deal.
Egger Forest Management is part of Egger Forestry, which is a wholly owned subsidiary of Egger UK, which employs more than 800 people in the UK.
