Huber Resources Corp. (HRC) has acquired the assets of Sewall Forestry & Natural Resource Consulting LLC (SFNR).
Following the move, HRC said that SFNR will grow and expand its capabilities globally in key service areas including timberland appraisals, forest inventory management, and forest modeling.
HRC’s full suite of forestry services include forest management plans, sustainable harvest modeling, road building and maintenance, full service administrative and accounting services and timber harvesting and marketing.
SFNR utilizes in-house biometricians to provide forest growth and harvest modeling services to aid clients with business decisions for current or future operations, land purchase due diligence, and inventory analysis. Additionally, the company provides a variety of consulting services to its forestry clients including litigation support and marketing pricing and cost analysis.
Huber said the combination of HRC and SFNR cements its competitive position in forestry management worldwide offering high-powered competencies to global private, public and institutional clients.
Financial terms of the acquisition were not disclosed.
“This expansion of our timberland management services reflects Huber’s commitment to investing in initiatives that further health, safety and environmental stewardship, which are core values of our organization,” said Brian Carlson, president of Huber Resources Corp.
Based in Edison, N.J., J.M. Huber Corporation operates a diverse portfolio of companies including CP Kelco, Huber Engineered Materials, Huber Engineered Woods and Huber Resources Corp.
