Barratt Developments PLC is pleased to announce the acquisition of 100% of Oregon Timber Frame Limited (‘Oregon’), one of the UK’s largest timber frame manufacturers. Oregon is one of Barratt’s key timber frame suppliers providing high quality products and excellent customer service. Following the acquisition Oregon will remain based in Selkirk, Scotland where its experienced management team will continue to lead the business, complementing the Barratt operations in Scotland. Steven Boyes, Chief Operating Officer, Barratt Developments PLC, commented: “We are delighted to announce that we have successfully acquired Oregon Timber Frame, one of the leading timber frame manufacturers in the UK”.
Oregon reported the order intake for the first half of 2019 has shown an uplift of over 60% compared to this time last year and has exceeded their sales order target for the year in just six months.
Kenny Dunkley, Joint Managing Director, commented “Our order book looks extremely healthy and despite uncertainty with Brexit it’s very much business as usual with all customers expecting a busy time for the remainder of the year. Our second manufacturing facility in Selkirk has space to expand and we are currently recruiting and training to meet our customers growing requirements”.