LOTS Group Acquires Bellwether FP
Integrated transport company LOTS Group has acquired Bellwether Forest Products based in Camden, SC. Bellwether is a full-service timber transport company working throughout the state, with the aim of inspiring a new generation of loggers and building long-term partnerships with wood markets and timberland owners.
The acquisition will enable the company to extend its service offering to new and existing clients, leveraging Bellwether’s extensive experience in the region.
Officials with both companies say the transaction reflects the future of forest products transportation in the Southeast, which has a huge but highly fragmented market served primarily by trucking capacity that lacks technology and professionalization. The LOTS Group is offering a model that improves efficiency, says Max Blatt, CEO.
Latest News
Potlatch Corp. And Deltic Timber Combine To Form Lumber Giant
Potlatch Corp. has announced it has purchased the smaller Deltic Timber in an all-stock deal that will boost its lumber capacity. The transaction will combine the two companies into PotlatchDeltic Corp., which will be traded on Nasdaq as PCH. Potlatch shareholders...
Have A Question?
Send Us A Message