Following 35 years with panel products importer Montague L Meyer, senior executive Tim Waldock is to take up the role of director with newly-formed company Global Forest Products Ltd.

In the new venture, formed in association with Global Panel Products Ltd, Mr Waldock will concentrate on the Russian panel products and softwood sector, in which he had long-standing involvement while at MLM.

MLM purchasing director Richard Lazenby said the company looked forward to continue to work with Mr Waldock through purchasing activities in Russia and the Baltic states.