Millar Western announced that it is in advanced discussions to sell its Boyle lumber operation, including timber quotas, to Northland Forest Products Ltd. The terms of a transaction are not final, and the details of a transaction will only be provided if and when the parties enter into a definitive agreement in respect of a transaction.

Lumber

Millar Western announces discussions regarding potential sale of Boyle lumber operation

Dec 02, 2015. /Lesprom Network/. Millar Western announced that it is in advanced discussions to sell its Boyle lumber operation, including timber quotas, to Northland Forest Products Ltd. The terms of a transaction are not final, and the details of a transaction will only be provided if and when the parties enter into a definitive agreement in respect of a transaction.

If a definitive agreement is entered into, Millar Western currently anticipates that a transaction would be completed before year-end. Until such time, there can be no assurance that a definitive agreement will be executed or that a transaction will be completed. Moreover, the closing of any transaction would be subject to Government of Alberta approval and other customary conditions.

Millar Western is a privately owned forest products company headquartered in Edmonton and operating dimension lumber and highyield pulp facilities in Whitecourt, Fox Creek and Boyle, Alberta.