In the UK, wood products producer and pellet producer Balcas Timber Ltd revealed that it has signed an agreement to acquire the wood pellet trade and assets of Forever Fuels Ltd, the UK's leading wood pellet dealer.
We believe that the Forever Fuel team's leading wood chip trading experience and the experience of the Balcas team in the manufacture of wood pellets will make 'brites' the best choice for all wood pellet users. This will increase the safety of the supply and we will continue to develop our friendliness. Services, including online ordering and technical knowledge support, Ian McCracken, Director of Business Development.
According to Balcas, the agreement was reached on September 1, 2018, enabling Balcas to further strengthen its position as a major supplier to the wood pellet industry in the UK and Ireland.
We are very pleased with the potential of this new direction and the clear determination of the new owners to take advantage of the existing strengths of the two companies to face the long-term future. Forever Fuels' parent company Summerleaze Ltd. director Bruno Prior said that all employees of Forever Fuels have moved to Balcas, we are full of confidence in the business growth of new owners.
