1 to 16

Name Sector Revenue
$mlns  
M&A Activity Last 5 Years
Total Buy Sell
Oji Holdings
Tokyo (TSE) : 3861
Tokyo, Japan website
Forest Products 15,306 5 4 1
Suzano
NYSE : SUZ
Salvador, Brazil website
Forest Products 13,099 1 1 -
Stora Enso
Public
Helsinki, Finland website
Forest Products 10,197 9 3 6
Nine Dragons Paper (Holdings)
Hong Kong (SEHK) : 2689
Dongguan, China website
Forest Products 9,337 1 1 -
Mondi
London Stock Exchange : MNDI
Weybridge, United Kingdom website
Forest Products 8,357 21 17 4
Weyerhaeuser
NYSE : WY
Seattle, Washington, United States website
Forest Products 7,124 21 10 11
UFP Industries
NASDAQ : UFPI
Grand Rapids, Michigan, United States website
Forest Products 6,652 35 35 -
Sappi Ltd.
Private
Johannesburg, South Africa website
Forest Products 6,347 4 2 2
West Fraser
NYSE : WFG
Vancouver, British Columbia, Canada website
Forest Products 6,174 11 9 2
Billerud
Stockholm Stock Exchange : BILL
Solna, Sweden website
Forest Products 5,143 3 1 2
Japan Pulp & Paper
Tokyo (TSE) : 8032
Tokyo, Japan website
Forest Products 4,590 1 1 -
Resolute Forest Products
Acquired
Montreal, Quebec, Canada website
Forest Products 4,258 9 5 4
Canfor
Toronto (TSX) : CFP
Vancouver, British Columbia, Canada website
Forest Products 3,993 6 4 2
Domtar
Acquired
Fort Mill, South Carolina, United States website
Forest Products 3,652 12 9 3
Lee & Man Paper Manufacturing
Hong Kong (SEHK) : 2314
Hong Kong, China website
Forest Products 3,354 - - -
Kapstone Paper and Packaging Corp.
Acquired
Northbrook, Illinois, United States website
Forest Products 3,077 6 6 -

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