A full quarter of acquired operations and increased real-estate sales outweighed weaker Southern timber prices.
M&A
Sawmill processes over 1 million m3 of roundwood annually with Euro 150 million revenue.
Growth in acquisitions and organic volume lifted revenue, while higher transportation costs reduced profitability and the company maintained its 2026 investment plans.
Deal includes three sites in Patras, Kapandriti and Thiva with approximately 250 employees.
Idaho facility adds hardwood processing capabilities with Hessaman texturing machine and opens new product categories.
Connecticut-based specialty wood products company adds seven decades of expertise in decking and siding.
Wholesale hardwood sawmill plans expansion and storage on 201-acre property.
The Piteå plant processes approximately 0.4 million tons per year of crude tall oil into feedstock for renewable diesel and sustainable aviation fuel.
The facility will operate as a wholly owned subsidiary and add 120 employees to Canfor’s operations.
Combined entity targets $150 million in cost synergies with Andy Nemeth as CEO and headquarters in Elkhart, Indiana.
Swedish sawmill joins Austrian group's portfolio, operating as Malå Timber.
Douglas-fir and western hemlock plantation near export facilities supports carbon project development.
Portfolio includes 50 thousand acres of pine in Georgia and Alabama and 40 thousand acres of hardwood across Indiana, Pennsylvania, and New York.
The deal adds a plant with 46 million linear feet capacity and 120 employees.
Manor Packaging to operate as stand-alone business after 2024 minority stake converts to full control.
Deal marks second pallet market entry since 2022 as company expands industrial wood products reach.
Current general manager Vanecia Carr rises to CEO as company targets growth in absorbent materials market.
The deal brings a Longview, Washington mill that makes lightweight recycled packaging papers into International Paper and expands the company's West Coast service capabilities.
Dover, Del., site will add converting capacity and broaden service coverage for East Coast customers.
Tampa-based distributor and New Jersey corrugated packaging firm join Veritiv's packaging platform.