Acquisitions, Mergers and Takeovers – Wood Markets News

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Louisiana-Pacific acquires International Barrier Technology Inc.

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Louisiana-Pacific Corporation (LP) finalized the acquisition of International Barrier Technology Inc. (Barrier), the Watkins, Minn.-based company that manufactures the fire retardant coating used in LP® FlameBlock® fire rated engineered wood products. The $22 million agreement involved cash for shar...
October 13, 2017

Industrial Assets completed the purchase of Appleton Coated

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Industrial Assets Corp. completed the purchase of Appleton Coated LLC, as the company said in the press release received by Lesprom Network.Industrial Assets Corp. is a California-based corporation specializing in capital financing acquisition and sale of distressed manufacturing companies.Going for...
October 13, 2017

Twin Creeks Timber acquires 121,000 acres of timberland in the U.S. South and Pacific Northwest

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Twin Creeks Timber LLC will add 121,000 acres of timberland to its portfolio. Twin Creeks will purchase 100,000 acres located in the Southern U.S. from Weyerhaeuser Company and receive a contribution of 21,000 acres located in the Pacific Northwest from Green Diamond Resource Company.Through the add...
October 12, 2017

Coldenhove Papier will become a part of Neenah Paper

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Neenah Paper will purchase all outstanding shares of the Dutch manufacturer of speciality papers, Coldenhove Papier. The acquisition will be completed November 1st 2017, as the company says in the press release received by Lesprom Network.Coldenhove Papier considers this acquisition an important ste...
October 12, 2017

Weyerhaeuser to sell 100,000 acres of timberlands to Twin Creeks for $202.5 million

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Weyerhaeuser Company announced an agreement to sell 100,000 acres of Southern Timberlands to Twin Creeks for $202.5 million. The sale includes 80,000 acres of timberlands in Mississippi and 20,000 acres in Georgia and is expected to close by year end.Effective December 31, 2017, the Company will als...
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