Acquisitions, Mergers and Takeovers – Wood Markets News


Central National Gottesman’s Spicers Paper to acquire JC Paper

Central National Gottesman Inc. (CNG) announced that its Spicers Paper Inc. entity has signed a definitive purchase agreement to acquire the business of JC Paper, based in Fremont, California.JC Paper is an independent, family-owned paper merchant that has been in business for more than 60 years, sp...

Kadant acquires Unaflex for $31 million

Kadant Inc. completed acquisition of certain assets of Unaflex, LLC for $31 million in cash, subject to a post-closing adjustment, as the company said in the press release received by Lesprom Network.Unaflex is a leading manufacturer of expansion joints and related products for process industries. E...
August 10, 2017

Sumitomo Corporation acquires 47.6% of the shares of Pacific BioEnergy Corporation

Sumitomo Corporation has acquired 47.6% of the shares of the wood pellet manufacturer Pacific BioEnergy Corporation in British Columbia, Canada, and made its entry into the wood pellet manufacturing business in Canada.PBEC, through its own and affiliated manufacturing facilities, currently markets i...
August 8, 2017

JELD-WEN Holding, Inc. acquired Mattiovi Oy

JELD-WEN Holding, Inc. acquired Mattiovi Oy, a leading Finnish manufacturer of interior doors and door frames. Mattiovi was privately held by Taaleri Ovitehdas Ky, Taaleri Sijoitus Oy, and management. Terms of the acquisition were not disclosed. “The acquisition of Mattiovi strengthens our ma...
August 8, 2017

Rubicon acquires US-based ArborGen Inc

Rubicon had taken full ownership of the US-based advanced forestry genetics company, ArborGen Inc, after buying out its partners International Paper and WestRock. The purchase price of $29 million is to be paid in three tranches - $14 million on closing, $5 million on 31 December 2017, a...
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