Search Results for: acquisition

James Jones & Sons Ltd has announced the acquisition of GT Timber Ltd, the holding company of Taylormade Timber Products Ltd and Kerr Timber Products Ltd which operate sawmills at Sherburn Hill, Durham and Annan respectively. The acquisition will increase James Jones & Sons Ltd’s annual sawn output to 800,000m3 thereby consolidating its position as[…]

INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced March 13 21 that it has completed the previously announced transaction to acquire WestRock Company’s (NYSE: WRK) sawmill located in Summerville, South Carolina. ABOUT INTERFOR Interfor is a growth-oriented forest products company with operations in Canada and the United States. The Company has annual production capacity[…]

Drax is pleased to announce that it has signed an agreement (the “Acquisition Agreement”) with Pinnacle Renewable Energy Inc. (PL.TO) (“Pinnacle”), providing for the acquisition by Drax Canadian Holdings Inc., an indirect, wholly-owned subsidiary of Drax, of the entire issued share capital of Pinnacle (the “Acquisition”). The Acquisition will be implemented by way of a[…]

Enviva Partners, LP (“Enviva” or the “Partnership”), a leading global energy company specializing in sustainable wood bioenergy, today announced the completion of its previously announced acquisition of a world-class, industrial scale wood pellet production plant in Waycross, Georgia, and associated contracted terminal capacity in Savannah, Georgia. Enviva’s growing operational footprint across the U.S. Southeast now[…]

Enviva Partners LP has completed the previously announced acquisition from its sponsor of Enviva Pellets Greenwood Holdings II LLC, which, through its wholly owned subsidiaries, owns a wood pellet production plant in Greenwood, South Carolina. In connection with the Greenwood acquisition, our sponsor has assigned to the partnership five firm, long-term, take-or-pay off-take contracts with[…]

Rayonier Inc. completes the acquisition of Pope Resources, A Delaware Limited Partnership. Unitholders of Pope Resources approved the transaction at a special meeting of unitholders held on May 5, 2020. “The completion of this transaction significantly expands and enhances our Pacific Northwest timberland and real estate portfolio,” said David Nunes, President and CEO of Rayonier. “It further[…]

Ufkes Greentec b.v. the developer and producer of forestry machinery, such as wood chippers, stump grinders and forestcutters, has been active in the German market for a long time now. Schültke GmbH is a family business and market leader in selling Rayco stump grinders throughout the whole of Germany. By joining forces Schültke can facilitate[…]

Morbark, LLC, has recently announced that it has completed the acquisition of DENIS CIMAF, Inc., based in Roxton Falls, Québec. This transaction represents the company’s second acquisition since private equity firm Stellex Capital Management LP acquired Morbark in 2016. The acquisition of Rayco Manufacturing in October 2017, brought a lineup of innovative equipment into the[…]

With the acquisition of AXCO-Motors, a technology leader in large electric solutions (from 250 kW and up to 6 MW) for applications like maritime vessels and off-highway vehicles, Danfoss has strengthened its global position within mobile electrification. Danfoss is responding to the growing customer demand for electric solutions to reduce emissions and benefit from the[…]

Conifex Timber Inc. has completed the acquisition of the Suwannee sawmill in Cross City, Florida and the Caddo River sawmill in Glenwood, Arkansas. Ken Shields, Conifex’s President and CEO, stated: “As a result of this acquisition, our total annual lumber production capacity has increased by approximately 50% to 1.1 billion board feet and our total[…]