UCM Timber plc has doubled the size of its hardwood business by acquiring Lignum International Hardwoods Ltd.

Managing director Mark Plews said the move was part of the group’s expansion strategy and reflected the increasing consolidation in the trade.

He said: “The acquisition is an important part of the group’s strategic aim of being a global forest products company that specialises in sourcing, supplying and selling timber and wood related products.”

Lignum will continue to operate from its offices in Croydon with its registered name unchanged. But it is now effectively trading as UCM Timber.

Former Lignum owners Kevin Ashby and John Bottle, who remain with the company, said they were “delighted” to reach an agreement with UCM and expressed confidence that becoming part of the UCM Group would substantially strengthen Lignum’s business.

&#8220Since Lignum started in 1977, it has been a hugely enjoyable experience, but there is no time for sentimentality in today’s market”

Former Lignum owners Kevin Ashby and John Bottle

They said: “Ever since Lignum started business in 1977, it has been a hugely enjoyable experience but there is no time for sentimentality in today’s changing market.”

Lignum has worldwide supply sources, with customers based in the UK, Ireland, Continental Europe and China.

The UCM board plans to expand the group’s Chinese business with the assistance of Lignum.