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Fermanagh sawmill giant Balcas is sold to Glennon Brothers in Longford Balcas has been bought by sawmill group Glennon Brothers. 21 May, 2021 01:01
Balcas chief executive Brian Murphy.
ENNISKILLEN-based timber and renewable energy business Balcas has been bought by sawmill group Glennon Brothers, a third-generation timber processing company with plants in Longford, Cork and Troon.
The deal, subject to approval from the UK s Competition and Markets Authority and its Irish equivalent the Competition and Consumer Protection Commission and which brings together two of the industry’s biggest players, has been completed for an undisclosed sum.
The major shareholder in Balcas is Dutch-based SHV Energy, a global distributor of off-grid energy such as LPG, LNG and which is active in the area of sustainable fuels and renewable energy solutions.
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