M&A Deal Summary

West Fraser Acquires Angelina Forest Products

On October 12, 2021, West Fraser acquired forest products company Angelina Forest Products for 300M USD

Acquisition Highlights
  • This is West Fraser’s 8th transaction in the Forest Products sector.
  • This is West Fraser’s 2nd largest (disclosed) transaction.
  • This is West Fraser’s 3rd transaction in the United States.
  • This is West Fraser’s 1st transaction in Texas.

M&A Deal Summary

Date 2021-10-12
Target Angelina Forest Products
Sector Forest Products
Buyer(s) West Fraser
Deal Type Add-on Acquisition
Deal Value 300M USD

Target

Angelina Forest Products

Lufkin, Texas, United States
website
Angelina Forest Products produce a full line of Southern Yellow Pine lumber products. Angelina Forest Products is constructing a state-of-the-art sawmill in Angelina County. Angelina Forest Products is based in Lufkin, Texas.

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Buyer(S) 1

Buyer

West Fraser

Vancouver, British Columbia, Canada

website


Category Company
Founded 1955
Sector Forest Products
Employees11,000
Revenue 10.5B USD (2021)
DESCRIPTION

West Fraser is a wood products company producing lumber, newprint, wood chips, plywood, panels and pulp and paper products. West Fraser was founded in 1955 and is based in Vancouver, Canada.


DEAL STATS #
Overall 8 of 9
Sector (Forest Products) 8 of 9
Type (Add-on Acquisition) 7 of 8
State (Texas) 1 of 1
Country (United States) 3 of 3
Year (2021) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-19 Norbord

Toronto, Ontario, Canada

Norbord, Inc. is a global manufacturer of wood-based panels and the world’s largest producer of oriented strand board (“OSB”). In addition to OSB, Norbord manufactures particleboard, medium density fibreboard and related value-added products. Norbord has assets of approximately US$1.8 billion and employs approximately 2,600 people at 17 plant locations in the United States, Canada and Europe. Norbord was founded in 1987 and is based in Toronto, Canada.

Buy $3.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-06 Spray Lake Sawmills

Cochrane, Alberta, Canada

Spray Lake Sawmills produces treated wood products, dimensional lumber and a variety of innovative wood residuals and biproducts. Spray Lake Sawmills is based in Cochrane, Alberta.

Buy -