ONE of the biggest names in the UK's wood and waste recycling scene has completed a significant investment into a partner firm. 

Timberpak, a subsidiary of Egger UK, has acquired a 50 per cent share in the holding of St Albans-based Pearce Recycling Company. The move follows a long-standing relationship between the two companies, which included the successful launch of Timberpak Pearce in 2016.

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Bosses at the firms say the acquisition will lead to an increase in the amount of recycled wood processed by up to 100,000 tonnes per year, and will broaden Timberpak's recycling portfolio to include the processing of paper, cardboard, plastic, glass, and metal.

Mark Hayton, director of Timberpak, said: “I am very excited for future growth and collaboration with the Pearce Recycling team. Having a presence in the South East is vital for Timberpak to further develop its recycled wood strategy in the UK, and our new partnership is a key milestone.

“The partnership will help Timberpak capture even more wood directly from source, providing recycling opportunities for local businesses and authorities, as well as giving us the opportunity to broaden our portfolio of waste types, in particular our understanding of the markets for dry recyclables.”

Pearce Recycling Company operates from St Albans and services public and private sector customers in the South East of England. 

Timberpak supplies the recycled wood it sources to Egger, the largest user of recycled wood in the UK wood panel industry. Egger uses this material to make chipboard products which are widely used in the furniture, interior design, and housebuilding industries.

Simon Pearce, chairman of Pearce Recycling Company, said: “This new investment signifies a bright and sustainable future for both of our companies. We are committed to expanding our horizons and making a profound impact in the recycling industry, while serving our public and private sector customers in the South East of England.

Forestry Journal: The move was completed this month The move was completed this month (Image: Supplied)

“We look forward to an exciting and prosperous journey ahead, capturing even more recyclable materials directly from source, broadening our portfolio, and championing sustainability in the recycling industry.”

Pearce Recycling Group, which focuses on fibre recycling and animal bedding production, based in Luton and Milton Keynes is not part of the investment and will continue to operate as normal.