James Donaldson & Sons acquires Stewart Milne Timber Systems


James Donaldson & Sons acquired the timber framing business of the Stewart Milne group for an undisclosed amount.

The deal for Stewart Milne Timber Systems (SMTS) is part of the group’s growth strategy to expand its presence in the UK.

The company will join its portfolio of independent brands: MGM Timber, Donaldson Timber Engineering, James Donaldson Insulation, Smith & Frater, Rowan Manufacturing, Nu-Style Products, Kitchens International and Stonecare.

The timber framing branch of the Stewart Milne Group was established in 1975 and has continued to grow and become a pioneer in the timber framing technology and manufacturing industry, operating out of Aberdeen, Witney and of a new factory in Falkirk.

All staff and operations will remain unchanged after the acquisition by the Fife-based group.

Alex Goodfellow, general manager of strategic development for the Stewart Milne group, will become general manager of off-site manufacturing for the Donaldson group.

He will join Rod Allan, Managing Director of SMTS, and the current Board of Directors, to continue to lead the company.

Andrew Donaldson, Managing Director of The Donaldson Group, said: “This agreement secures the future of a leading Scotland-based company, enabling its growth plans to reach its full potential, while providing reliability and stability to its existing and new customers.

“This is an exciting decision for the Donaldson Group as we enter the timber framing market at a time when interest in the material has never been higher.

“The use of timber framing is expected to double over the next five years as home builders turn to modern construction methods and renewable sources to meet critical net zero carbon goals. “

Stuart MacGregor, Managing Director of Stewart Milne Group, said: “This agreement represents an exceptional result for both parties – the scale of the opportunity in the growing wood framing market and the meteoric growth of SMTS has presented a very interesting investment proposal and we are delighted to have found the right buyer who will continue to invest in the company and its employees.

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