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  6. Norbord Acquires Ainsworth Lumber Co.

M&A Deal Summary

Norbord Acquires Ainsworth Lumber Co.

On January 27, 2015, Norbord acquired forest products company Ainsworth Lumber Co.

Acquisition Highlights
  • This is Norbord’s 1st transaction in the Forest Products sector.
  • This is Norbord’s 1st transaction in Canada.
  • This is Norbord’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2015-01-27
Target Ainsworth Lumber Co.
Sector Forest Products
Buyer(s) Norbord
Deal Type Merger

Target

Ainsworth Lumber Co.

Vancouver, British Columbia, Canada
Ainsworth Lumber Co. Ltd. is a manufacturer and marketer of OSB with a focus on value-added specialty products for markets in North America and Asia. Ainsworth’s four OSB manufacturing facilities, located in Alberta, British Columbia and Ontario, have a combined annual capacity of 2.5 billion square feet (3/8-inch basis) OSB.

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Buyer(S) 1

Buyer

Norbord

Toronto, Ontario, Canada
Category Company
Founded 1987
Sector Forest Products
Employees2,700
Revenue 2.4B USD (2018)
DESCRIPTION

Norbord, Inc. is a global manufacturer of wood-based panels and the world’s largest producer of oriented strand board (“OSB”). In addition to OSB, Norbord manufactures particleboard, medium density fibreboard and related value-added products. Norbord has assets of approximately US$1.8 billion and employs approximately 2,600 people at 17 plant locations in the United States, Canada and Europe. Norbord was founded in 1987 and is based in Toronto, Canada.

DEAL STATS #
Overall 1 of 1
Sector: Forest Products M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2015 M&A 1 of 1
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