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The complementarity in culture and vision of both firms ensured that negotiations went very smoothly.
With the acquisition, Lemahieu Group strengthens its presence in the Dutch market.
Given the current market conditions and future challenges in the sector, this takeover is a strategic response that is fully in line with Lemahieu Group's historical and strategic vision.
"With the integration of JenoWood and JenoPly within our group, we are anchoring our presence in the Dutch market, whilst respecting our relationships with stakeholders, including our customers. We guarantee to remain a loyal supplier to timber merchants and the wood processing industry. The integration of JenoWood and JenoPly is therefore a proactive and important step in the further growth of our group."
Dave van der Werff, founder and CEO of JenoWood and JenoPly remains in charge with great passion. Together with his team, JenoWood and JenoPly will continue to serve their customers from their facility in Hem.
"Lemahieu Group is a family business with very strong passion for the product 'wood'. The acquisition by Lemahieu Group will allow us to continue the strong growth of recent years and increase our market position. Lemahieu Group's extensive programme and processing capabilities will enable us to serve our customers even better."
Founded in 1932 by the Lemahieu family, Lemahieu Group has become an established partner in the timber and panel industry and in bringing added value to wood.
With extensive machinery for sawing, planing, impregnating, dipping, CNC and fire-retardant treatment of wood, they have become a loyal partner for the timber trade and the wood processing industry.
With two branches in Belgium and the subsidiary LDCwood® (producer of ThermoWood®), the group achieves a turnover of 125 million euros.
Since 2016, the family company JenoWood, with a turnover of 18 million euros, imports wood from all continents and guarantees top quality wood. JenoWood and JenoPly embraces the same values as Lemahieu Group, namely Drive, Trust and Family.