Hymor Timber Ltd Becomes Part Of National Timber Group
We are pleased to announce that as of 01 March 2021, Hymor Timber Limited has been acquired by Arnold Laver & Co Ltd, part of the National Timber Group.
Established in 1990, Hymor is an independent timber merchant supplying ethically sourced hardwood and softwood to a broad range of trade and commercial customers, including joiners and manufacturers across Staffordshire and the surrounding area. The company has a strength in hardwoods and modified timber, which combined with its extensive processing capability and expertise in meeting bespoke client requirements, has resulted in a reputation for outstanding service and quality. Located in Stoke-on-Trent, Hymor employs 28 people and in 2020, achieved revenues of £4.5 million. Hymor’s acquisition was initiated by the owners’ succession planning.
This transaction is highly complementary and strategically beneficial. Hymor fills a geographic gap in National Timber Group’s existing branch network and creates an additional hardwood centre of excellence, serving the Midlands and the North West. It complements the product offering of NTG’s specialist hardwood depot in Hull that serves Yorkshire and the Humber. Hymor’s founders/executives: Graham Morris, Roger Malkin and Chris Hyde will work with Rob Barclay and Patrick Guest, NTG’s Chief Executive and Managing Director for England, to achieve its successful integration into the Group.
Rob Barclay, Group Chief Executive of National Timber Group said, “We are delighted to welcome Hymor Timber to the Group – our shared expertise and commitment to our customers makes this an obvious and complementary partnership. Together, we will increase our offering in the important hardwood timber category and extend our range of services in the Midlands and the North West, improving our customers’ experience.”
Roger Malkin added, “As founders, Graham, Chris and I are extremely proud of all that we have achieved so far. We know that Hymor is capable of achieving much more. So our priority was to find a partner with shared goals and values who would help it to fulfil its future potential. We were impressed with National Timber Group’s focus on product quality and its commitment to the highest standards of customer service. We are confident that we have selected the right partner and that Hymor will continue to prosper within the enlarged Group.”