LOTS Group acquires US-based Bellwether Forest Products
By LOTS Group
By LOTS Group
LOTS Group has announced the acquisition of Bellwether Forest Products based in South Carolina. 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.
Today’s news solidifies LOTS Group’s long-term commitment to delivering leading transport services to the North American market. Bellwether’s values, working methods, and aspirations for the future of transport align with LOTS’ own way of thinking. This will enable the company to extend its service offering to new and existing clients, leveraging Bellwether’s extensive experience in the region.
“LOTS is very excited to build upon its expansion into North America through the acquisition of Bellwether in South Carolina. The management team there has established one of the most professional and successful transport operations in the US Southeast, and we are really looking forward to joining forces to accelerate the growth trajectory and creating the model for the future of transport in the US.” said Max Blatt, CEO of LOTS Group.
“I am excited for Bellwether to partner with an innovative transportation company like LOTS to accelerate our growth and improve the services we offer our customers. The Southeast U.S. forestry transport space is very large but incredibly fragmented and lacking technology and professionalization. Adding LOTS transportation knowledge and resources to our growing business fits our core mission to be a “bellwether” in the industry and puts us in great position to build a market leader in Southeast forestry transport and beyond” said Matt Moldenhauer, president of Bellwether Forest Products.