News

International Timber joined STARK Group as of today – 1 March 2023. The acquisition, first announced on 12 December 2022, confirmed that the parent company had reached an agreement to sell International Timber to STARK Group. This sale has now completed and International Timber is now wholly owned by STARK Group.

International Timber has now joined one of the fastest growing merchants and distribution groups in Europe, and a business completely focused on its expertise in distributing building materials for tradespeople.

The International Timber brand name, much recognised and respected by those in the industry, will continue and International Timber will become part of the STARK Group’s UK subsidiary – STARK Building Materials UK.

Paul Martin, International Timber MD, said: “STARK Group is a leading distributor of building materials across Europe and will bring their experience of successful growth to the business. They have a culture of sharing best practice and will be supporting our plans to deliver the solutions, services and great experience, which will help customers grow and make their life easier. So it’s great for customers and suppliers who’re also a critical part of our success. Customers won’t notice any immediate change – it’s very much business as usual – and we’ll continue to trade as normal for our customers.”

STARK Group CEO, Søren P. Olesen, commented: “We’re very pleased to have completed this acquisition and look forward to welcoming International Timber colleagues and branches to STARK. We have a strategy that successfully focuses on professional tradespeople and the renovation and maintenance market together with specialist distribution for a range of customer segments. Entering the UK market is a great opportunity for our combined businesses to share best practice across the Nordics, Germany, Austria, and the UK, making life even easier for tradespeople.

“We’re delighted to now be a major UK employer, with 9,000 colleagues. We’ll continue to place a strong emphasis on sustainability, valuing and caring about our new UK employees, as well as supporting UK growth and building decarbonisation.”

For further information, visit www.internationaltimber.com and for more on STARK Group, see www.starkgroup.dk.