In the UK, wood products manufacturer and pellets producer Balcas Timber Ltd has revealed that it has entered into an agreement to acquire the wood pellet trade and assets of Forever Fuels Ltd, a leading UK wood pellet distributor.
We are confident that the combination of the Forever Fuel team’s experience of making industry leading deliveries of wood pellets and the Balcas team’s experience in manufacturing wood pellets will make “brites” the best choice for all users of wood pellets. This will improve the security of supply and we will continue to develop our friendly service offering, including online ordering and technical know-how said Ian McCracken, brites Business Development Director.
According to Balcas, the agreement was reached on September 1, 2018, and enables Balcas to further strengthen its position as a principal supplier in the UK and Ireland wood pellet industry.
We are pleased with the potential of this new direction and a clear determination from the new owner to harness the existing strengths of both companies to provide a long-term future. All of the employees of Forever Fuels have transferred to Balcas and we look forward with confidence to the business growing strongly under its new owners, said Bruno Prior, Director, Summerleaze Ltd, the parent company of Forever Fuels.
About Balcas Timber
Headquartered in Enniskillen, Northern Ireland, Balcas Timber is the largest wood pellet manufacturer in the UK and which are sold under the “brites” brand. The company currently operates two wood pellet plants with combined heat and power (CHP) units – a 55 000 tpa facility in Enniskillen and a 100 000 tpa facility in Invergordon, Scotland.