Gambit Corporate Finance has acted as lead advisor to Premier Forest Products on its acquisition of Stairway Joinery.
Established in 1988 and based in Westbury, Wiltshire, Stairway Joinery designs and manufactures bespoke staircases for residential and commercial buildings.
Terry Edgell, Co-founder and CEO of Premier Forest Products said:
“The acquisition of Stairway Joinery is the perfect fit for Premier Forest as we continue to expand our presence in the South West of England.
“The addition of bespoke staircases to our portfolio of products strategically complements the Premier Forest customer offer, helping us to better serve residential and commercial markets. We are confident that the synergies this partnership yields will benefit our customers, while strengthening our market position as a specialist timber solutions provider.”
Gambit has advised Premier Forest Products on its M&A strategy for a number of years and it highlights the importance of acquisitions as a key part of its strategic growth plan.
It is the sixth transaction Gambit has advised Premier Forest Products on in the past three years, having also advised on the acquisitions of PWIDF, Decorpanel and North East Sheets & Panels in 2023.
Gambit’s team was led by Geraint Rowe (Partner), Sam Forman (Partner) and Harrie Thorrington (Manager). Leading on deal structuring, negotiations and general project management, the Gambit team have a close working relationship with the Premier Forest Products shareholders, board and management team.
Sam Forman, Partner at Gambit said:
“We are delighted to have acted on another acquisition for Premier Forest Products. The acquisition of Stairway Joinery offers a significant opportunity for Premier Forest Products to diversify its value-add product range, access a loyal customer base with potential cross-sell opportunities and further improve its well-established footprint in the South West.
“Premier Forest Products is firmly established as one of the UK’s leading timber companies and M&A will continue to be a significant contributor to future growth. The company’s strategy of uniting businesses with strategic synergies that strengthen the group’s value and offerings, benefiting both customers and stakeholders, highlights the expertise of Terry and the wider team.”
