The Rougier Group has entered into exclusive negotiations with the Malvaux Group, the leading French manufacturer of rare and exotic wood panels and technical plywood, with a view to selling its subsidiary Rougier Sylvaco Panneaux, specialized in importing and distributing timber and plywood from all origins in France.
The alliance between Rougier Sylvaco Panneaux and the Malvaux Group follows on from an initial commercial partnership set up in 2016 in the Paris Region. Their business combination will enable them to further strengthen their presence for the distribution of timber and plywood products for a broad client base of specialist merchants and industrial firms operating in a very wide range of areas.
In addition to a rich and extensive range of products, Rougier Sylvaco Panneaux will provide the Malvaux Group with its recognized technical and commercial expertise, its environmentally-responsible procurement expertise, its permanent stock of over 30,000cubic metres and its complete logistics infrastructure with three strategic depots in Caen, Paris and Sète.
The strategic choice to divest Rougier Sylvaco Panneaux is in line with the Rougier Group’s desire to simplify and geographically realign its portfolio of activities in order to benefit from new capacities for bouncing back.
The transaction is scheduled to be completed before the end of 2018, after receiving the regulatory authorizations required.
The Rougier Group is a market leader for certified African tropical timber, with operations covering natural forest harvesting in Central Africa, industrial transformation and international trade.
