West Fraser Timber denies recent market and media speculations. Although the Company has previously met with Kronospan, an existing shareholder, and CVC Capital Partners, West Fraser Timber has not received a proposal and there are no ongoing discussions regarding the terms of any transaction. The Company is focused on executing on its business strategy to create shareholder value.
West Fraser is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe.