M&A Deal Summary

Plum Creek Timber Acquires MeadWestvaco Timberlands

On October 28, 2013, Plum Creek Timber acquired forest products company MeadWestvaco Timberlands from MeadWestvaco for 1.1B USD

Acquisition Highlights
  • This is Plum Creek Timber’s 1st transaction in the Forest Products sector.
  • This is Plum Creek Timber’s largest (disclosed) transaction.
  • This is Plum Creek Timber’s 3rd transaction in the United States.

M&A Deal Summary
Date 2013-10-28
Target MeadWestvaco Timberlands
Sector Forest Products
Buyer(s) Plum Creek Timber
Sellers(s) MeadWestvaco
Deal Type Divestiture
Deal Value 1.1B USD

Target

MeadWestvaco Timberlands

United States
MeadWestvaco Timberlands is 501,000 acres of industrial timberlands, associated wind and mineral assets, and an interest in approximately 109,000 acres of high-value rural and development-quality lands

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Buyer(S) 1

Buyer

Plum Creek Timber

Seattle, Washington, United States
Category Company
Founded 1989
Sector Forest Products
Employees1,325
Revenue 1.5B USD (2014)
DESCRIPTION

Plum Creek Timber Co., Inc. is a timber, land and forest products company.

DEAL STATS #
Overall 3 of 3
Sector (Forest Products) 1 of 1
Type (Divestiture) 3 of 3
Country (United States) 3 of 3
Year (2013) 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-28 MeadWestvaco Timberland

United States

MeadWestvaco Timberland consists of 501,000 acres of woodlands in Alabama, Georgia, South Carolina, Virginia and West Virginia and rural property near Charleston, South Carolina.

Buy $1.1B

Seller(S) 1

SELLER

MeadWestvaco

Richmond, Virginia, United States
Category Company
Founded 1888
Sector Packaging
Employees16,000
Revenue 5.4B USD (2013)
DESCRIPTION

MeadWestvaco Corporation is a packaging company providing innovative solutions to the world’s most admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries. The company also produces specialty chemicals for the automotive, energy, and infrastructure industries and maximizes the value of its development land holdings. MWV’s network of 125 facilities and 16,000 employees spans North America, South America, Europe and Asia.

DEAL STATS #
Overall 3 of 3
Sector (Forest Products) 1 of 1
Type (Divestiture) 3 of 3
Country (United States) 3 of 3
Year (2013) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-28 MeadWestvaco Timberland

United States

MeadWestvaco Timberland consists of 501,000 acres of woodlands in Alabama, Georgia, South Carolina, Virginia and West Virginia and rural property near Charleston, South Carolina.

Sell $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-31 International Paper - Carolina Coated Bristols Business

Memphis, Tennessee, United States

International Paper's Carolina Coated Bristols Business is a line of coated one-side and coated two-side solid bleached sulfate paperboard that is available in a range of sizes, calipers and specifications for use in offset and digital printing end use applications such as direct mail, retail signage, brochures, lottery tickets, game and greeting cards.

Buy -
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