M&A Deal Summary |
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Date | 2019-08-01 |
Target | Rayonier Advanced Materials - Matane Quebec Pulp Mill |
Sector | Forest Products |
Buyer(s) | Sappi |
Sellers(s) | Rayonier Advanced Materials |
Deal Type | Divestiture |
Deal Value | 175M USD |
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Sappi Limited (formerly South African Pulp and Paper Industries), is a global pulp and paper company. Sappi was formed in 1936 and is based in Johannesburg.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Forest Products) | 2 of 2 |
Type (Divestiture) | 2 of 2 |
State (Florida) | 1 of 1 |
Country (United States) | 2 of 2 |
Year (2019) | 1 of 1 |
Size (of disclosed) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-07-14 |
Sappi Kraft Recycled Packaging Paper Mill
South Africa Sappi Kraft Recycled Packaging Paper Mill engages in manufacturing of corrugated paper products. |
Sell | - |
Category | Company |
---|---|
Founded | 1926 |
Sector | Chemicals |
Employees | 4,000 |
Revenue | 1.6B USD (2023) |
Rayonier Advanced Materials is a provider of purity cellulose, a natural polymer commonly used in applications such as cell phones, computer screens, filters, textiles and pharmaceuticals. Rayonier Advanced Materials was founded in 1926 and is based in Jacksonville, Florida.
DEAL STATS | # |
---|---|
Overall | 1 of 2 |
Sector (Forest Products) | 1 of 2 |
Type (Divestiture) | 1 of 2 |
State (Florida) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2019) | 1 of 1 |
Size (of disclosed) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-05-25 |
Tembec
Montréal, Quebec, Canada Tembec, Inc. is an integrated manufacturer of forest products, including lumber, pulp, paper and specialty cellulose, serving customers worldwide. The company has operations in North America and France with approximately 4,000 employees and annual sales of about $1.6 billion. Tembec manages nearly 25 million acres of Canadian forestlands and has earned Forest Stewardship Council Certification for all its direct-managed forests. |
Buy | $807M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-04-12 |
Rayonier Advanced Materials - Forest and Paper Products Assets
Chapleau, Ontario, Canada Rayonier Advanced Materials' Forest and Paper Products Assets include six lumber mills which are located in Chapleau, Cochrane, Hearst, and Kapuskasing in Ontario and in Béarn and La Sarre in Québec as well as one newsprint mill located in Kapuskasing, Ontario. The assets have an annual production capacity of 755 MMFbm and are capable of producing a wide range of forest products used in residential and commercial construction, including SPF lumber, wood chips, and by-products. The newsprint mill has an annual production capacity of 205,000 MT/year. Collectively, the Purchased Assets rank as a top ten producer of lumber in Canada, based on recent publicly available industry rankings. |
Sell | $214M |