M&A Deal Summary

Interfor Acquires WestRock - Summerville

On February 9, 2021, Interfor acquired forest products company WestRock - Summerville from WestRock for 59M USD

Acquisition Highlights
  • This is Interfor’s 1st transaction in the Forest Products sector.
  • This is Interfor’s 4th largest (disclosed) transaction.
  • This is Interfor’s 1st transaction in the United States.
  • This is Interfor’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2021-02-09
Target WestRock - Summerville
Sector Forest Products
Buyer(s) Interfor
Sellers(s) WestRock
Deal Type Divestiture
Deal Value 59M USD

Target

WestRock - Summerville

South Carolina, United States
WestRock Co.'s Summerville is a forest product operating mill that focuses on lumber production WestRock Co.'s Summerville is based in South Carolina.

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Buyer(S) 1

Buyer

Interfor

Burnaby, British Columbia, Canada
Category Company
Founded 1963
Sector Forest Products
Employees5,390
Revenue 3.3B CAD (2023)
DESCRIPTION

Interfor is a growth-oriented forest products company with operations in Canada and the United States. Interfor has an annual production capacity of approximately 3.0 billion board feet and offers a diverse line of lumber products to customers around the world. Interfor was founded in 1963 and is based in Burnaby, British Columbia.

DEAL STATS #
Overall 1 of 5
Sector (Forest Products) 1 of 5
Type (Divestiture) 1 of 2
State (South Carolina) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 3
Size (of disclosed) 4 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-27 Georgia-Pacific - Four US Sawmills

Atlanta, Georgia, United States

The Sawmill Operations have a combined annual lumber production capacity of 720 million board feet. The Bay Springs, Fayette, and Philomath sawmills are currently operating on a full-shifting basis.

Buy $375M

Seller(S) 1

SELLER

WestRock

Richmond, Virginia, United States
Category Company
Sector Packaging
Employees50,000
Revenue 21.3B USD (2022)
DESCRIPTION

WestRock is a packaging company provides paper and packaging solutions in consumer and corrugated markets. WestRock is based in Richmond, Virginia.

DEAL STATS #
Overall 2 of 3
Sector (Forest Products) 1 of 1
Type (Divestiture) 2 of 3
State (South Carolina) 1 of 1
Country (United States) 2 of 3
Year (2021) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-08 Schlüter Print Pharma Packaging

Schonebeck, Germany

Schlüter Print Pharma Packaging is a supplier and full range provider of leaflets and booklets. Schlüter Print Pharma Packaging is based in Schonebeck, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-09 WestRock - URB Mills

Aurora, Illinois, United States

WestRock - URB Mills are an uncoated recycled paperboard (URB) mills in Eaton, Indiana, and Aurora, Illinois. WestRock - URB Mills are based in Aurora, Illinois.

Sell $50M
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