M&A Deal Summary

Atlas Holdings Acquires Quesnel River Pulp

On September 22, 2023, private equity firm Atlas Holdings acquired forest products company Quesnel River Pulp from West Fraser

Acquisition Highlights
  • This is Atlas Holdings’ 8th transaction in the Forest Products sector.
  • This is Atlas Holdings’ 5th transaction in Canada.
  • This is Atlas Holdings’ 1st transaction in British Columbia.

M&A Deal Summary

Date 2023-09-22
Target Quesnel River Pulp
Sector Forest Products
Buyer(s) Atlas Holdings
Sellers(s) West Fraser
Deal Type Divestiture

Target

Quesnel River Pulp

Quesnel, British Columbia, Canada
Quesnel River Pulp is producer of wood products. Quesnel River Pulp is based in Quesnel, British Columbia.

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Buyer(S) 1

Buyer

Atlas Holdings

Greenwich, Connecticut, United States

Category Private Equity Firm
Founded 2002
Size Large
Type Sector Agnostic
DESCRIPTION

Atlas Holdings is a private equity and investment holding firm focused on acquiring controlling interests in businesses operating in traditional, basic industries. Areas of interest include automotive, business services, industrial services, building materials, pulp and paper, distribution, energy, packaging, specialty steel and wood products. The Firm will participate in bankruptcy investments, highly structured equity and debt investments, leveraged ESOP acquisitions, out-of-court restructurings, and roll-ups. Atlas typically partners with private and institutional investors and structures one investment at a time. Atlas Holdings was established in 2002 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 35 of 35
Sector (Forest Products) 8 of 8
Type (Divestiture) 14 of 14
State (British Columbia) 1 of 1
Country (Canada) 5 of 5
Year (2023) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-22 Slave Lake Pulp

Slave Lake, Alberta, Canada

Slave Lake Pulp is a producer of lumber, wood chips and plywood products. Slave Lake Pulp is based in Slave Lake, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-02 NPX One

Reading, Pennsylvania, United States

NPX One is a food packaging manufacturer providing foam trays for fresh protein products to food processors, distributors, and supermarkets. NPX One is based in Reading, Pennsylvania.

Sell -

Seller(S) 1

SELLER

West Fraser

Vancouver, British Columbia, Canada

Category Company
Founded 1955
Sector Forest Products
Employees10,800
Revenue 6.5B USD (2023)
DESCRIPTION

West Fraser is a wood products company producing lumber, new print, wood chips, plywood, panels, and pulp and paper products. West Fraser was founded in 1955 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 2 of 2
Sector (Forest Products) 2 of 2
Type (Divestiture) 2 of 2
State (British Columbia) 1 of 1
Country (Canada) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-22 Slave Lake Pulp

Slave Lake, Alberta, Canada

Slave Lake Pulp is a producer of lumber, wood chips and plywood products. Slave Lake Pulp is based in Slave Lake, Alberta.

Sell -