M&A Deal Summary

Boral Acquires Fenning Bairnsdale - Hardwood Business

On June 1, 2005, Boral acquired forest products company Fenning Bairnsdale - Hardwood Business from Fenning Bairnsdale

Acquisition Highlights
  • This is Boral’s 2nd transaction in the Forest Products sector.
  • This is Boral’s 4th transaction in Australia.

M&A Deal Summary

Date 2005-06-01
Target Fenning Bairnsdale - Hardwood Business
Sector Forest Products
Buyer(s) Boral
Sellers(s) Fenning Bairnsdale
Deal Type Divestiture

Target

Fenning Bairnsdale - Hardwood Business

Australia
Fenning Bairnsdale - Hardwood Business operates a flooring plant at Gloucester and a saw mill in Walcha, both on the NSW north coast.

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Buyer(S) 1

Buyer

Boral

Sydney, Australia

Category Company
Founded 1946
Sector Building Materials
Employees11,032
Revenue 5.7B AUD (2020)
DESCRIPTION

Boral is a multinational company focused on international building & construction materials supplier and products. Boral was founded in 1946 and is based in North Sydney, Australia.


DEAL STATS #
Overall 5 of 12
Sector: Forest Products M&A 2 of 2
Type: Divestiture M&A Deals 1 of 4
Country: Australia M&A 4 of 7
Year: 2005 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-01 Davis & Herbert Pty

Narooma, Australia

Davis & Herbert Pty Ltd. operates three green mills at Nowra, Batemans Bay and Narooma, on the NSW South Coast, and supplies green sawn timber products predominantly to the industrial market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-13 Schwarz Ready Mix

Oklahoma City, Oklahoma, United States

Schwarz Ready Mix, Inc. is a manufacturer of ready-mixed concrete and sand products.

Buy -

Seller(S) 1

SELLER

Fenning Bairnsdale

Bairnsdale Victoria, Australia

Category Company
Sector Forest Products
DESCRIPTION

Fenning Bairnsdale’s Timber Conversion Centre is located in Victoria’s East Gippsland region. Company are the producers of quality Kiln Dried Hardwood sourced from the Tambo Valley forests. The Fenning name is synonymous with the Timber Industry and the family have been producers of quality timber products for over four generations.


DEAL STATS #
Overall 1 of 1
Sector: Forest Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2005 M&A 1 of 1