M&A Deal Summary

Rayonier Acquires 250 000 Acres timberlands

On November 29, 2011, Rayonier acquired real estate company 250 000 Acres timberlands from Joshua Timberlands and Oklahoma Timber for 330M USD

Acquisition Highlights
  • This is Rayonier’s 2nd transaction in the Real Estate sector.
  • This is Rayonier’s largest (disclosed) transaction.
  • This is Rayonier’s 2nd transaction in the United States.

M&A Deal Summary

Date 2011-11-29
Target 250 000 Acres timberlands
Sector Real Estate
Buyer(s) Rayonier
Sellers(s) Joshua Timberlands
Oklahoma Timber
Deal Type Divestiture
Deal Value 330M USD

Target

250 000 Acres timberlands

United States
250,000 Acres timberlands are located primarily in Mississippi, Louisiana, Oklahoma and Alabama.

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Buyer(S) 1

Buyer

Rayonier

Jacksonville, Florida, United States

Category Company
Sector Forest Products
Employees438
Revenue 1.1B USD (2023)
DESCRIPTION

Rayonier is a timberland real estate investment trust. Rayonier is a geographically diverse global land resources company. Rayonier is based in Jacksonville, Florida.


DEAL STATS #
Overall 2 of 2
Sector (Real Estate) 2 of 2
Type (Divestiture) 2 of 2
Country (United States) 2 of 2
Year (2011) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-20 EAM

Jesup, Georgia, United States

EAM Corp. develops and manufactures two proprietary, patented absorbent material, NovaThin and NovaZorb, engineered from a blend of specialty fluff pulp and super absorbent polymers to produce a highly dense, yet thin, absorbent web. NovaThin and Novazorb serve as a pre-formed, absorbent core for use in personal care applications, such as feminine hygiene, adult incontinence, baby diapers, and training pants.

Sell -

Seller(S) 2

SELLER

Joshua Timberlands

Hattiesburg, Mississippi, United States

Category Company
Founded 1999
Sector Real Estate
DESCRIPTION

Joshua Timberlands LLC which owns and operates in timber properties.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
SELLER

Oklahoma Timber

United States

Category Company
Sector Real Estate
DESCRIPTION

Oklahoma Timber, LLC owns and operates in timber properties.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1