SPM Investment Group acquires family-owned wood processing company B.Turner s.r.o., enhancing its portfolio in sustainable manufacturing.

Information on the Target

SPM Investment Group has announced its acquisition of B.Turner s.r.o., a family-owned company specializing in wood processing. B.Turner is renowned for producing wooden transport packaging and construction elements. This addition will bolster SPM's growing traditional manufacturing division, complementing earlier acquisitions such as a bespoke furniture maker, Devoto, and the traditional enamelware producer, SPM Manufaktura.

Founded by Bohuslav Turner, B.Turner is currently led by his son, Martin Turner. The company prides itself on utilizing the rich resources of Czech forests to create products with high added value, rather than merely exporting raw materials. Through its innovative approaches, B.Turner’s packaging solutions play a crucial role in global trade, reflecting the company's commitment to environmental sustainability and recyclability.

Industry Overview in the Target's Specific Country

The wood processing industry in the Czech Republic is deeply rooted in tradition, characterized by a blend of artisanal craftsmanship and modern manufacturing techniques. With an abundance of forest resources, the sector has thrived, parti