As part of the continued diversification and growing product range of BSW Group, the UK’s leading integrated forestry and timber company, the company has now acquired Alvic Plastics Limited, a manufacturer of WPC products. Alvic’s chief executive, Al Ghattaura, is set to remain in post as CEO and shareholder following the transition to the BSW Group.
In addition to investments so far, there is a multi-million-pound investment plan to increase capacity and product offering, the company said.
The BSW Group will also continue to offer Alvic’s PVC products, with further product development planned in the coming years. In total, the site will produce 18,000 tonnes.
BSW had already launched a highly successful mono deck board in partnership with Alvic earlier this year.
“Bringing Alvic into the BSW Group will only continue to help us expand our offering, providing our customers with new and exciting products for many years to come,” said Tony Hackney, chief executive at BSW Group.
The companies are currently working on the development of new products which are set to be announced and ready for production in 2019.