Irish sawmiller Glennon Brothers has entered into an agreement with SHV Energy to purchase Balcas Ltd, subject to approval from the Competition and Markets Authority in the UK and Competition and Consumer Protection Commission in Ireland.
Mike Glennon, of Glennon Brothers commented: “We look forward to welcoming the Balcas team onboard as part of Glennon Brothers, and to working with them to grow and develop the business in the years ahead”.
Balcas operates a sawmill in Enniskillen, Northern Ireland, producing quality sawn timber products for the fencing, landscaping, agricultural, construction, and pallet & packaging sectors. In addition, the business operates two renewable energy plants at Enniskillen and Invergordon, Scotland, which incorporate CHP (Combined Heat & Power) and wood pellet production.
Glennon Brothers is a third-generation family timber processing business.
