M&A Deal Summary

West Fraser Acquires Angelina Forest Products

On October 12, 2021, West Fraser acquired forest products company Angelina Forest Products for 300M USD

Acquisition Highlights
  • This is West Fraser’s 8th transaction in the Forest Products sector.
  • This is West Fraser’s 2nd largest (disclosed) transaction.
  • This is West Fraser’s 3rd transaction in the United States.
  • This is West Fraser’s 1st transaction in Texas.

M&A Deal Summary
Date 2021-10-12
Target Angelina Forest Products
Sector Forest Products
Buyer(s) West Fraser
Deal Type Add-on Acquisition
Deal Value 300M USD

Target

Angelina Forest Products

Lufkin, Texas, United States
Angelina Forest Products produce a full line of Southern Yellow Pine lumber products. Angelina Forest Products is constructing a state-of-the-art sawmill in Angelina County. Angelina Forest Products is based in Lufkin, Texas.

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Buyer(S) 1

Buyer

West Fraser

Vancouver, British Columbia, Canada
Category Company
Founded 1955
Sector Forest Products
Employees10,800
Revenue 6.5B USD (2023)
DESCRIPTION

West Fraser is a wood products company producing lumber, new print, wood chips, plywood, panels, and pulp and paper products. West Fraser was founded in 1955 and is based in Vancouver, British Columbia.

DEAL STATS #
Overall 8 of 9
Sector (Forest Products) 8 of 9
Type (Add-on Acquisition) 7 of 8
State (Texas) 1 of 1
Country (United States) 3 of 3
Year (2021) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-19 Norbord

Toronto, Ontario, Canada

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.

Buy $3.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-06 Spray Lake Sawmills

Cochrane, Alberta, Canada

Spray Lake Sawmills produces treated wood products, dimensional lumber and a variety of innovative wood residuals and biproducts. Spray Lake Sawmills is based in Cochrane, Alberta.

Buy -
Mergr

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