Timber merchant Norclad has been acquired by the Cairngorm Capital-backed National Timber Group (NTG).
The 40-year-old firm, which is headquartered in Barrow Gurney in North Somerset contributes cladding, facades and other timber to residential and commercial customers across the UK, with The Wave surf centre in Bristol among its previous projects.
NTG said Norclad’s shareholders would remain in the business, describing its new purchase as the UK’s leading, independent supplier of specialist timber products.