Timber Firm Takes Over Its Old Friendly Rival ; Dealmakers in Association with Deloitte

Summary


A NEWCASTLE-based corporate finance team sprung into action when a Tyneside timber firm went into administration, helping a rival firm buy the business and saving 44 jobs in the process.

Haines Watts Chartered Accountants assisted Jarrow-based M H Southern buy Robert Duncan Timber, creating a joint business with a turnover approaching pounds 16m.

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Extract


Timber Firm Takes Over Its Old Friendly Rival ; Dealmakers in Association with Deloitte

Paul Duncan, corporate finance director for Haines Watts in Newcastle, said; "We were able to assist M H...

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