Gresham House has agreed to acquire a majority interest in Mississippi-based Molpus Woodlands Group, forming a combined forestry asset manager with approximately $8 billion in assets under management. The transaction brings together Gresham House's $5 billion forestry portfolio with Molpus Woodlands Group's $3 billion in forestry assets, creating the third-largest timberland investment manager globally by AUM. The announcement was made by Gresham House.
The enlarged entity will manage more than 2.2 million acres across the United Kingdom, Ireland, the United States, Australia and New Zealand. Molpus Woodlands Group will retain its brand and existing leadership team, with Terrell Winstead, Michael Cooper, George Dahduh, Tyler Rosamond, Chad McElvany and Ashley Harris continuing to lead US operations. The Molpus team will join the Gresham House Global Executive Management Team and Investment Committees for the forestry platform.
Gresham House operates with forestry assets totaling $5 billion (GBP 3.7 billion), while Molpus Woodlands Group manages $3 billion (GBP 2.3 billion) in forestry assets. The combined business will remain privately owned and will continue to focus on timberland, afforestation, reforestation, carbon credits and land optimization strategies. The transaction remains subject to customary closing conditions, including regulatory approvals.
