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UK's James Jones and Sons obtained Australia's Mayflower Enterprises
Posted on February 16, 2022 |
- UK-based sawmilling group James Jones and Sons Ltd acquired 60% of the shares in Mayflower Enterprises Pty Ltd in Australia, the holding company of Hyne Timber and XLam.
- Hyne Timber operates 2 modern sawmills (Tuan, Queensland and Tumbarumba, NSW) producing circa 800,000m3 of sawn timber, employing 750 staff, with a 21% market share in Australia.