M&A Deal Summary

Global Environment Fund Acquires Peak Timbers

On May 1, 2012, asset manager Global Environment Fund acquired forest products company Peak Timbers from Mondi for 120M EUR

Acquisition Highlights
  • This is Global Environment Fund’s 10th transaction in the Forest Products sector.
  • This is Global Environment Fund’s largest (disclosed) transaction.
  • This is Global Environment Fund’s 1st transaction in Swaziland.

M&A Deal Summary
Date 2012-05-01
Target Peak Timbers
Sector Forest Products
Buyer(s) Global Environment Fund
Sellers(s) Mondi
Deal Type Divestiture
Deal Value 120M EUR

Target

Peak Timbers

Pigg's Peak, Swaziland
Peak Timbers is a 31,500 hectare timber plantation and sawmilling business. Peak Timbers was founded in 1946 and is based in Pigg's Peak, Swaziland.

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Buyer(S) 1

Buyer

Global Environment Fund

Bethesda, Maryland, United States

Investor Investor Investor

Category Asset Manager
Founded 1990
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Global Environment Fund (GEF) is a global alternative asset manager dedicated to the energy, environmental, and natural resources sectors. Global Environment Fund was formed in 1990 and is based in Chevy Case, Maryland.

DEAL STATS #
Overall 40 of 53
Sector (Forest Products) 10 of 12
Type (Divestiture) 1 of 1
Country (Swaziland) 1 of 1
Year (2012) 1 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-01 Afram Plantation

Afram Plains, Ghana

Afram Plantation is a developer of greenfield forestry plantation. Afram Plantation is based in Afram Plains, Ghana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-15 Kalkitech

Bangalore, India

Kalkitech is a provider of products, services, and solutions that monitor, manage, and optimize energy generation and transmission assets for public and private sector utilities across the globe. Kalkitech was founded in 1998 and is based in Bangalore, Karnataka.

Buy -

Seller(S) 1

SELLER

Mondi

Weybridge, United Kingdom
Category Company
Founded 1967
Sector Forest Products
Employees22,014
Revenue 7.3B EUR (2023)
DESCRIPTION

Mondi is a international packaging and paper group with operations across 31 countries with around 26,000 employees. Mondi was founded in 1967 and is based in Weybridge, England.

DEAL STATS #
Overall 2 of 4
Sector (Forest Products) 1 of 1
Type (Divestiture) 2 of 3
Country (Swaziland) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-04 Unterland Flexible Packaging

Austria

Unterland Flexible Packaging GmbH is a flexible plastic packaging specialist.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-10 Nordenia International AG

Greven, Germany

Nordenia International AG is a multinational manufacturer of technically innovative and value-added plastic film and packaging for customers in the food, hygiene, chemical and automotive industries.

Buy €259M
Mergr

Product

Company

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