About PG Bison

The origins of PG Bison date back to 1897. From humble beginnings in the Western Cape evolved the PGSI Group of which PG Bison was an integral part.

1978 PG Wood was formed out of a rationalisation of PGSI's timber and building material supply business and Federated Timbers.

1978 Bisonbord was established as a major supplier of particle board to PG Wood (Afcol and Bruply merged their particle board interests to form BisonBord)

1979 Timber City was created by PG Wood as a mechanism to sell panel products through smaller retail-type operations. Today Timber City is a franchise brand with 30 outlets throughout South Africa.
- Laminate Industries was created through the merger of Formica SA and Melabond Manufacturing
- PG Wood Holdings was established following the separation of the Glass and Wood interests.

1987 PG Wood Holdings and Bisonbord merge to form PG BISON LIMITED, owned 75% by PGSI and 25% by Mondi/SAB.

1988 PG BISON acquired 25% interest in Pennypinchers which offered an alternative channel to the distribution of panel products to the building industry

1991 PG BISON acquired 100% of Pennypinchers. In 2001 Pennypinchers comprises 18 outlets

1992 SAB acquired PGSI

1993 PG BISON acquired a 100% interest in Laminate Industries, specialists in the decorative surfacing industry. Integral to this transaction were the rights to the Formica Brand in defined Southern African Territories

1994 PG Wood, Laminate Industries and Bisonbord consolidate trading names and images to form one entity: PG BISON

In April 1999 , PGSI and Mondi sold their holding in PG BISON to BOE Equity Partners and a Management Consortium

In April 2000, management and staff bought BOE Equity Partners' 75% stake and sold 49% to Investec Bank Limited

In July 2001, the IDC (Industrial Development Corporation of South Africa) acquired a 15% stake in PG Bison. In March 2002, the Steinhoff Group acquired a stake in PGBH creating a share split in PGBH as follows: Steinhoff Group 34.99%, IDC 8.407, Investec Bank 11.405% and PG Management and Staff 45.198%.

In June 2004 the Steinhoff Group acquired a further stake in PGBH (64.18%) with the balance belonging to management and staff (35.82%).