What Miro Forestry & Timber Products does

Miro Forestry & Timber Products is a vertically integrated forestry and timber manufacturing company founded in 2009/2010 and headquartered in London, with plantation and manufacturing operations in Ghana and Sierra Leone. The company owns and manages over 20,000 hectares of FSC-certified plantations spanning Eucalyptus, Gmelina, and Acacia species, and operates nurseries, harvesting, and processing assets that give it full control from seedling to finished product. Its principal product is plywood, produced at 60,000m3 annual output capacity in both Ghana and Sierra Leone factories, with additional output of finger-jointed edge-glued panels, CCA-treated electricity transmission poles, treated fence posts, wood biomass, and afforestation-based carbon credits (over 200,000 VCS credits annually).

The company's customer base is industrial and global, serving European, UK, Middle East, African, and Indian construction companies, formwork specialists, plywood distributors, electricity grid contractors, furniture/cabinetry buyers, industrial biomass users, and corporate carbon credit purchasers. Sales are conducted directly via regional sales teams covering Europe/USA, MENA, West Africa, and the Americas, with products shipped in container loads from West African Atlantic ports. The business is supported by approximately US$120M+ in cumulative capital raised from development finance institutions including British International Investment (formerly CDC Group), Finnfund, FMO, and FinDev Canada, and is led by founder-CEO Andrew Collins.

Name

Miro Forestry & Timber Products

Legal name

Miro Forestry and Timber Products

Website

https://miroforestry.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Miro Forestry & Timber Products is a vertically integrated FSC-certified forestry and timber manufacturer operating 20,000+ hectares of plantations and plywood factories in Ghana and Sierra Leone, supplying plywood, treated poles, edge-glued panels, and carbon credits to global construction, utilities, and industrial buyers.

Ownership category

akta.pro rank

Product category

Timber Products and Plywood Manufacturing

NAICS

Veneer, Plywood, and Engineered Wood Product Manufacturing (3212), Timber Tract Operations (113110), Forest Nurseries and Gathering of Forest Products (11321), Cut Stock, Resawing Lumber, and Planing (321912)

SIC

Forestry (800), Lumber & Wood Products (No Furniture) (2400), Millwood, Veneer, Plywood, & Structural Wood Members (2430), Sawmills & Planting Mills, General (2421), Wholesale-Lumber, Plywood, Millwork & Wood Panels (5031)

akta.pro primary industry

Timber Tract Operations & Forest Ownership (Timberland) (IMAMAAAA)

akta.pro secondary industries

Sawmilling & Lumber Production (IMADADAA), Carbon Forestry Project Development & Origination (Afforestation/Reforestation/IFM) (IMAMAJAD), Forest Residues & Biomass Feedstock Management (Thinning, Slash, Collection) (IMAMAJAN), Sustainable Forest Certification & Chain-of-Custody Services (FSC/PEFC/SFI) (IMAMAJAJ)

Keywords

• Plywood manufacturing
• Timber products
• Forestry plantations
• Treated wood poles
• Carbon credits

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Timber Products Sales: Principal revenue stream from plywood, edge glued panels, CCA treated electricity transmission poles, fence posts, and wood biomass. Products sold direct to end customers (merchants, formwork specialists, construction companies) and bulk importers worldwide. Plywood is the main product accounting for the vast majority of turnover.
2. Carbon Credits: Generation and sale of Voluntary Carbon Standard (VCS) credits from afforestation projects. Producing and selling over 200,000 carbon credits annually. Miro has c.200,000 tonnes of carbon credits available per annum from existing plantations.
3. Log Products and Biomass: Supply of log products directly from plantations including Teak logs for export (particularly to India), posts for farm applications, and biomass for industrial heat and power requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Miro Forestry & Timber Products manufactures and supplies plywood, finger-jointed edge glued panels, CCA treated electricity transmission poles, fence posts, and wood biomass from its own FSC-certified forest plantations in Ghana and Sierra Leone. The company also generates and sells afforestation-based Voluntary Carbon Standard (VCS) carbon credits from its plantations. All products are produced in vertically integrated factories located adjacent to its timber plantations.

Product overview

Miro Forestry & Timber Products is a vertically integrated timber products company with its own FSC-certified forest plantations in Ghana and Sierra Leone. The company's product portfolio is organized around four main categories: (1) Plywood products including MiroPLEX (film-faced), MiroMDO (medium density overlay), MiroCORE (core plywood), MiroPLY (wood faced), MiroFANCY (melamine), and MiroMESH/MiroHEXA (anti-slip); (2) Sawn Timber Products including Edge Glued Panels, Door Frames, Tongue & Groove, Pallets, and Wet Sawn Timber/KD S4S; (3) Poles & Posts including CCA Treated Electricity Transmission Poles and Treated Posts; and (4) Forestry Products including logs and biomass. The company also offers Carbon Credits as a service from its afforestation operations. All products are manufactured in Miro's own factories located adjacent to its plantations, enabling full supply chain control from seed to finished product.

Differentiator

Problem solved

Functional benefit

Products and services

• MiroPLEX (Film-Faced Plywood) Film-faced plywood for concrete shuttering with high surface performance and mechanical strength, manufactured from Eucalyptus, Gmelina, and Acacia timbers. Available in UF/MUF/PF glue options and MR/BWR/BWP grades for construction and formwork customers.
• MiroMDO (Medium Density Overlay)

Quantifiable outcome

• Over 20 million trees planted sequestering millions of tonnes of atmospheric CO2
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered minor.

• Medical Service ProvidersminorStrategic or Co-development PartnerPartnerships with medical service providers to provide health cover access for employees.
• NGOs and Development OrganisationsminorStrategic or Co-development PartnerThe company welcomes working on community projects in partnership with NGOs and other organisations, whereby greater financial support can be provided along with additional and specialist expertise for community development initiatives.

Scale indicators10 records

Recent moves14 records

Expansion highlights6 records

Direct peers

• Rimbunan Hijau Group: Large Malaysian vertically integrated forestry and timber group operating tropical plantations, sawmills, plywood plants, and downstream wood products for global export. Closely comparable to Miro in business model combining plantation ownership with plywood manufacturing and global B2B distribution.
• Samling Group: Malaysian integrated forest products company with tropical plantations, plywood manufacturing, and global timber trading operations. Directly comparable to Miro's vertical integration model from tropical hardwood plantations through to plywood and engineered wood panels for international markets.
• Danzer Group: Austrian-founded hardwood specialist with tropical forest operations in Africa and South America producing sliced veneer, plywood, and sawn timber for global markets. Closely comparable to Miro in operating tropical hardwood plantations, producing FSC-certified veneer and plywood, and serving European furniture and construction markets.
• Precious Woods Holding: Swiss-listed sustainable tropical forestry company operating FSC-certified plantations in Brazil and Gabon, producing sawn timber and engineered wood products for European export markets. Comparable in operating certified tropical forest plantations in emerging markets with European customer focus and sustainability positioning.
• Pacific Millennium International Group: China-based vertically integrated plywood manufacturer producing hardwood plywood for global construction and packaging markets. Comparable as a large-scale hardwood plywood exporter serving similar European and global formwork/construction customers, representing direct competition in Miro's core plywood segment.

Broad incumbents

• UPM-Kymmene: Major Finnish-listed forest products company with global timberland ownership, plywood, and engineered wood operations. Comparable as a large-scale vertically integrated forest products manufacturer, though UPM operates across broader geographies and product lines including pulp, paper, and biofuels.
• Stora Enso: Finnish-Swedish forest products giant with timberland assets, plywood, sawn timber, and engineered wood operations. Comparable in producing FSC-certified wood products from owned forests, though Stora Enso operates primarily in Northern Hemisphere temperate forests at much larger scale.
• Mondi Group: UK-listed integrated packaging and paper group with significant timberland ownership and wood products operations. Comparable vertically integrated model with FSC-certified forest estates, though focused primarily on packaging, containerboard, and pulp rather than construction plywood.
• Weyerhaeuser Company: US-listed timberland REIT and wood products manufacturer with extensive forest ownership and engineered wood products operations. Comparable as a large-scale vertically integrated timberland-to-products business with sustainability certifications, though focused on North American softwood markets.
• West Fraser Timber Co. Canadian lumber and wood panels producer with significant timberland ownership and engineered wood (OSB, plywood, MDF) operations. Comparable in producing construction-grade wood panels with vertical integration, though focused on North American SPF and southern yellow pine markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/miro-forestry-and-timber-products
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Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds12 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Miro Forestry & Timber Products