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Hawthorn Timber

Building on the success of Hawthorn Timber

  • Fund IV
  • Entry 2021
  • Exit 2024
  • Sales €60 million

Building on the success of Hawthorn Timber

Hull-based Hawthorn Timber Limited is a leading processor and distributor of high-quality, soft wood-based products and sheet materials. Founded in 1953, Hawthorn has grown into a successful business that supplies a broad range of customers with bespoke product. The company operates from five sites and employs around 120 people.

Operational experience
The company was performing well but the family who owned Hawthorn was eager to sell their shares to the management. Nimbus became involved through the Management Buy-Out (MBO) team, led by managing director Richard Thompson with sales director Richard Iverson and production director James Stone. The MBO-team liked Nimbus’ honest and authentic approach to business and wanted to benefit from the operational experience that the investor could bring to the table. Nimbus was happy to join a deal with the longstanding and highly capable management team.

A solid business
Hawthorn is a traditional timber business, one of the biggest independent companies in the branch. Its products are manufactured from slow-grown, construction grade timber that the company sources from Scandinavia. This ensures a better quality and popular product. In recent years, Hawthorn has achieved incredible growth through product innovation, diversification, and exceptional customer service. With this solid basis already in place, there was no need to implement any immediate changes. Nimbus’ involvement will, however, help to the company to implement the professional systems and processes it needs for further growth in the future.

Hawthorn represents Nimbus’s fourth investment in the UK manufacturing sector following the acquisitions of Halo Foods, Paralloy and Customade Group.

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