Maelor Forest Nurseries Holdings plans to progress expansion plans and scientific research work.
The foundations for this work have previously been supported by Tilhill Forestry, also part of the BSW Group.
Maelor Forest Nurseries Holdings is located in Wrexham and produces commercial forestry and native broadleaf species, marketing almost 30 million trees a year to customers throughout the UK and Europe.
The company plans to expand into Morayshire, Scotland, providing 5-10 million plants annually, in the near future and is also involved in the scientific research associated with the production of improved tree stock with enhanced genetics.
BSW chief executive Tony Hackney said: "This is a significant acquisition both for the BSW Group and the forest industry as a whole. Maelor’s strength lies in bringing quality home grown trees to the market and for providing a platform for the research involved in ensuring a sustainable supply of better quality trees for the future. This acquisition is a key component of BSW’s vision for the future of forestry and its strategy of vertical integration providing high quality resultant timber products. We are really looking forward to working with Mike and his team and exploring areas for potential growth"
Maelor managing director Mike Harvey said: "I am delighted that the future of Maelor Forest Nurseries Holdings Ltd has been secured. This is an extremely exciting step in the history of the company and one that is going to bring a multitude of benefits to not only our existing customers but forestry as a whole. In particular, we can now press ahead with our expansion plans and increase production. The forest industry can consider that, as of today, the future of commercial trees as its key commodity is now significantly healthier."
BSW turned over £304m in the year to 31 March 2018 according to latest accounts.
Burges Salmon LLP and EY advised BSW Timber, with support from RBS. Brodies advised the sellers.