James Jones & Sons has had a long-standing relationship with Lancashire Saws and this acquisition provides both companies with a strong platform for further development.

Tom Bruce-Jones, chairman of James Jones & Sons Ltd, said: “We are delighted to have concluded this transaction and are really pleased that the existing management team are staying on within the Group to provide continuity and the same quality of service to all customers, facilitate the integration and to help realise our long-term strategic plans.”

Stephen Bentley and Peter Ashton of Lancashire Saws Ltd added: “On behalf of our shareholders and employees, we are delighted that Lancashire Saws Ltd will become part of the James Jones Group. Their extensive timber industry experience and financial strength will allow further investment in the business.

“The sale process was completed smoothly and reinforces our long-held views that James Jones & Sons Ltd is a well-established family company that operates with the same values as our own. We are excited about the future, whilst maintaining our longstanding customer relationships.”