Proceeds being used to reduce approximately $1.5 Bbillion in debt.
M&A
The transaction is valued at approximately $6.7 billion.
It is subject to approval by the Courts of Canada and the United States. After these procedures, Sumitomo Forestry aims to complete this acquisition by the Q2 2025.
A.Celli Group expands its portfolio of companies, seizing the opportunity to enhance a company in the Lucca area that requires synergies to relaunch its range of products and services in Italy and abroad.
BuildDirect to accelerate Florida expansion and Pro Center growth.
The company's holding amounts to 8,014 hectares with a growing stock of approx. 1,092,000 m3 in Latvia and Lithuania. The holding has been structured in six different portfolios.
Acquisition adds custom foam fabrication capabilities, strengthening Dallas/Fort Worth production footprint
Expected to accelerate James Hardie’s revenue growth trajectory and generate at Least $350 million of additional annual adjusted EBITDA from synergies when fully realized.
Now, with the addition of Pronk Multiservice ME, Rengo will strengthen its supply system further and meet more diverse packaging/service needs.
Forestry sector gains a unified digital ecosystem for planning, supply chain, and sustainability management
This strategic move reinforces Oji’s commitment to high-value-added businesses by integrating its world-class wood pulp production with advanced pharmaceutical excipient solutions.
This purchase reflects Stein Lumber’s commitment to investing in British Columbia’s forestry industry and expanding its production of high-quality, value-added wood products.
Rayonier’s decision to exit New Zealand is aimed at focusing its capital in U.S. markets with stronger long-term growth potential.
As a result of the acquisition, Koskisen’s annual wood procurement volume will increase to approximately 1.9 million m3 and sawing capacity to approximately 540,000 m3.
Redfin shareholders to receive 63% premium in acquisition agreement.
Investment firm regains ownership of Green Wood Sverige AB, the owner of the sawmills, after two years.
Harvey Sutton and David McPherson, who founded Beach Window and Door, will continue running day-to-day operations.
Buckman’s current leadership team, including CEO Junai Maharaj, will continue to lead the company post-closing.
Kronospan plans to invest in modernizing the Sebes sawmill to further enhance its production capabilities.
Wilson Lumber Company will begin to operate at Nashville Lumber’s location under the Wilson Lumber Company name.