PE Tech Report


Like this article?

Sign up to our free newsletter

Stewart Milne sells Timber Systems business to Donaldson Group

Arrowpoint Advisory has advised Stewart Milne Group on the divestment of Stewart Milne Timber Systems, a UK-based timber frame manufacturer, to the Donaldson Group, a timber and building products specialist, operating throughout the UK.

Stewart Milne Group (SMG) was founded in 1975 and is one of the UK’s largest independent housebuilders with offices in Aberdeen, Edinburgh, Glasgow and Manchester and 20-plus active sites UK-wide. SMG will now focus on investing in additional sites for its Homes Division, using their considerable land buying experience to take advantage of development opportunities.
Stewart Milne Timber Systems (SMTS), was established as the timber frame arm of SMG.

Like this article? Sign up to our free newsletter