Founded in 1947, Pontrilas Group operates the largest timber processing mill in England and Wales and employs more than 530 people. The business generates annual turnover of over £120 million and has a long-established reputation within the UK timber and forestry sector.
The transaction represents a significant strategic expansion for Glennon Brothers and brings together two family-founded and family-owned businesses with shared values and a long-term commitment to sustainable timber production.
DWF advised Glennon Brothers on both the acquisition and the associated external financing, deploying a multi-jurisdictional team spanning the business' Belfast, Dublin, Scottish and English offices.
The DWF corporate and banking teams were led by partners Alasdair Peacock and James Morrison, supported by senior associate Siobhan McKenna, associate Ben Palmer and solicitor Katrina Hall. Tax advice was provided by partner Caroline Colliston and senior associate Zita Dempsey. Real estate advice was delivered by partners Simon Elphick and Guy Rusling.
Commenting, Alasdair Peacock, said: “This was a complex, high-value transaction involving multiple jurisdictions and a broad range of legal disciplines. It was a pleasure to support Glennon Brothers on such a strategically important acquisition, particularly one that brings together two long-established family-owned businesses. The deal demonstrates the strength of DWF’s cross-border capability and our ability to deliver seamless advice on both M&A and financing.”
Mike Glennon, CEO of Glennon Brothers, said: “This acquisition is a major milestone for Glennon Brothers and a natural next step in the growth of our business. Pontrilas Group is a highly respected operator with a strong team, excellent assets and a shared focus on quality, sustainability and long-term investment. Thank you to the team at DWF who provided excellent support throughout the process, bringing together cross-border expertise and commercial insight that was critical in delivering this transaction.”
