Blackfinch Acquires Productive Scottish Forest to Boost UK Timber Market

Blackfinch Group, a UK-based investment specialist, has made a strategic acquisition of a 174-hectare commercial forest located in Argyll and Bute, Scotland. This move marks Blackfinch's first entry into commercial forestry, achieved through its subsidiary, Litchfield Trading Limited. The acquisition was financed by retail investors via the Blackfinch Adapt IHT Service, highlighting the firm's emphasis on sustainable, long-term investments. The newly acquired forest, consisting primarily of Sitka spruce, contributes to the UK forestry industry and the demand for timber in the construction and packaging sectors. Given that 80% of the UK's timber is currently imported despite a growing need for renewable materials driven by decarbonization goals, this acquisition is timely. It supports both the domestic supply chain and employment in the Scottish forestry sector, which contributes £1.1 billion annually and sustains 34,000 jobs. This initiative fits with Blackfinch's commitment to providing long-term benefits for its investors and strengthening key local industries. The acquisition was facilitated with expertise from Bidwells and legal support from Turcan Connell.