CatchMark Agrees to $43.3 Million acquisition of 14,923 acres of prime timberlands near Southeast Georgia Coast | 25 Oct 2017
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CatchMark Agrees to $43.3 Million acquisition of 14,923 acres of prime timberlands near Southeast Georgia Coast | 25 Oct 2017
October 25, 2017

CatchMark Timber Trust, Inc. (NYSE: CTT) announced this month an agreement to acquire 14,923 acres of prime timberlands near the southeast coast of Georgia for $43.3 million, excluding closing costs. The to-be-acquired timberlands in Long and McIntosh counties, the Coastal Georgia Acquisition, will expand CatchMark’s positioning in one of the most competitive wood baskets of[…]

Schweighofer Group focuses on its core business and sells its subsidiary Schweighofer Fiber GmbH to TowerBrook Capital Partners | 20 Oct 2017
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Schweighofer Group focuses on its core business and sells its subsidiary Schweighofer Fiber GmbH to TowerBrook Capital Partners | 20 Oct 2017
October 20, 2017

TowerBrook plans future investments to further expand the mill’s capacities Jörg Harbring continues as Managing Director – the ownership change will not affect the employees In 2011 Schweighofer Group acquired unprofitable pulp mill in Hallein – invested more than EUR 60 million, thus securing 250 jobs and creating a profitable company with future growth potential[…]