Search Results for: acquisition

Canfor Corporation has successfully completed the acquisition of a lumber manufacturing facility in Union County, Arkansas, from Arkansas Resolute El Dorado Inc. This strategic move, initially announced on May 1, 2024, aims to enhance Canfor’s regional operations by integrating the newly acquired facility, now renamed the Iron Mountain sawmill, with its existing El Dorado Laminating[…]

Carbotech Group recently expanded its business with the acquisition of the Sawquip, a manufacturing company specializing in the design and manufacture of sawmill equipment for the primary and secondary breakdown of logs into lumber. Carbotech Group plans to further broaden its expand with the fresh inclusion of the range of products that came with the[…]

BID Group’s acquisition of YGE Inc. has been announced. This strategic transaction further enhances BID’s product offering within the wood processing saw and tooling sector, while also extending BID’s industry-leading product and service offerings across the entire operational life cycle. YGE Inc stands as an innovative supplier and service provider specializing in top-tier saw guides,[…]

BSW Timber Ltd, the largest integrated timber and forestry business in the UK, and a member of Binderholz, has acquired Scott Group, a leading supplier of timber pallets and bespoke timber packaging solutions. Based near Dunfermline in Scotland, with an annual turnover in excess of £250m and 1,300 employees, Scott Group is an award-winning, sustainable[…]

CHESTER, California – Collins has announced a major acquisition of forestland in northeastern California. On August 4th, a year after the Dixie Fire raced through the foothills of the Sierra’s, Collins Timber Company LLC completed an acquisition 58,000 acres of forestland from Shasta Forests Timberlands LLC and its affiliates. The primary tracts of land are[…]

Pewag Group, a global leading company in traction chain devices and industrial chain solutions (founded 1479), today announced recently it had completed the acquisition of Wallingford’s Inc. and BABAC Inc, a leading U.S.-based provider of forestry traction devices, forestry supplies and snow chains. Wallingford’s and BABAC have been consolidated as part of pewag’s Traction and[…]

48forty Solutions – Alpharetta, GA– 48forty Solutions (“48forty”), a leading national provider of recycled pallets and pallet management services, has announced that it had completed its first carve-out acquisition, purchasing the pallet recycling division operations (“Pallet Recycling Division”) of Girard Wood Products (the “Company”). The terms of the transaction were not disclosed. Girard Wood Products[…]

New Forests, a global investment manager of nature-based real assets and natural capital strategies, has announced the purchase on behalf of institutional investors of an approximately 108,000-acre forestry estate in Northern California from The Michigan-California Timber Company (MCTC). The estate consists of productive mixed conifers, including fir and pine, in the Mount Shasta region, and[…]

Vancouver, B.C. – West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) (TSX and NYSE: WFG) has announced that further to its news release of October 12, 2021, the U.S. regulatory review has been completed and the other closing conditions have been satisfied.  As such, the Company is proceeding to close the acquisition of[…]

VANCOUVER, BC, August 30, 2021 – GreenFirst Forest Products Inc. (TSXV: GFP) (“GreenFirst” or the “Purchaser”) has announced that on August 28, 2021 it closed the previously announced purchase of a portfolio of forest and paper product assets (the “Purchased Assets”) from Rayonier A.M. Canada G.P. (“RYAM GP”), Rayonier A.M. Canada Industries Inc. (“RYAM Industries”)[…]