M&A Deal Summary

Licella and Canfor Acquire Arbios Biotech

On October 14, 2020, Licella and Canfor acquired life science company Arbios Biotech

Acquisition Highlights
  • This is Licella’s 1st and Canfor’s 1st transaction in the Life Science sector.
  • This is Licella’s 1st and Canfor’s 1st transaction in Australia.

M&A Deal Summary

Date 2020-10-14
Target Arbios Biotech
Sector Life Science
Buyer(s) Licella
Canfor
Deal Type Joint Venture

Target

Arbios Biotech

Australia
Arbios Biotech is a joint venture between technology pioneers Licella and integrated forest products company Canfor. Arbios Biotech uses cutting-edge technology to convert end-of-life wood and biomass into renewable biofuels and biochemicals. It collaboratively provides a circular economy solution for recovered resources, to enable the production of high-value and sustainable carbon-based products.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

Licella

North Sydney, Australia

Category Company
Founded 2005
Sector Life Science
DESCRIPTION

Licella is involved in providing hydrothermal liquefaction, the next generation of advanced recycling with its unique and revolutionary Catalytic Hydrothermal Reactor (Cat-HTR). The Cat-HTR is proven to convert various residues, waste and non-edible biomass, End-of-Life Plastic, used lubrication oil, and lignite into the world’s first stable biocrude or synthetic crude oil. Licella’s renewable biopcrude can be refined utilizing conventional refinery infrastructure into advanced biofuels and biochemicals. Licella was formed in 2005 and is based in North Sydney, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2020 M&A 1 of 1
Buyer

Canfor

Vancouver, British Columbia, Canada

Category Company
Founded 1966
Sector Forest Products
Employees6,634
Revenue 5.3B CAD (2024)
DESCRIPTION

Canfor is a integrated forest products company based in Vancouver, British Columbia (BC) with operations in BC, Alberta, North and South Carolina and Alabama. Canfor produces primarily softwood lumber, and also produces bleached chemi-thermo-mechanical pulp and specialized wood products. Canfor was founded in 1966 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 3 of 4
Sector: Life Science M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-21 Wynndel Box & Lumber

Wynndel, British Columbia, Canada

Wynndel Box & Lumber Ltd. is a producer of premium boards and customized specialty wood products sold under the brand name WynnWood.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-16 Millar Western Forest Products - Solid Wood Operations

Edmonton, Alberta, Canada

Millar Western Forest Products' Solid Wood Operations assets consist of three well-capitalized operations including two sawmill complexes in Whitecourt and Fox Creek and the high-value, specialty Spruceland Millworks facility in Acheson that is dedicated to serving strategic markets and generates higher, more stable returns.

Buy $420M