M&A Deal Summary |
|
|---|---|
| Date | 2022-02-24 |
| Target | Canfor - Mackenzie Assets |
| Sector | Forest Products |
| Buyer(s) | Peak Renewables |
| Sellers(s) | Canfor |
| Deal Type | Divestiture |
| Deal Value | 70M USD |
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Peak Renewables is a producer of innovative wood products including commercial wood pellets, OSB, lumber, and finger jointing. Peak Renewables is based in Vancouver, British Columbia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Forest Products) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (British Columbia) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1966 |
| Sector | Forest Products |
| Employees | 7,111 |
| Revenue | 7.7B CAD (2021) |
Canfor is a integrated forest products company based in Vancouver, British Columbia (BC) with operations in BC, Alberta, North and South Carolina and Alabama. Canfor produces primarily softwood lumber, and also produces bleached chemi-thermo-mechanical pulp and specialized wood products. Canfor was founded in 1966 and is based in Vancouver, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Forest Products) | 2 of 2 |
| Type (Divestiture) | 1 of 1 |
| State (British Columbia) | 2 of 2 |
| Country (Canada) | 2 of 2 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-16 |
Millar Western Forest Products - Solid Wood Operations
Edmonton, Alberta, Canada Millar Western Forest Products' Solid Wood Operations assets consist of three well-capitalized operations including two sawmill complexes in Whitecourt and Fox Creek and the high-value, specialty Spruceland Millworks facility in Acheson that is dedicated to serving strategic markets and generates higher, more stable returns. |
Buy | $420M |
