M&A Deal Summary

West Fraser Acquires Spray Lake Sawmills

On September 6, 2023, West Fraser acquired forest products company Spray Lake Sawmills

Acquisition Highlights
  • This is West Fraser’s 9th transaction in the Forest Products sector.
  • This is West Fraser’s 6th transaction in Canada.
  • This is West Fraser’s 4th transaction in Alberta.

M&A Deal Summary

Date 2023-09-06
Target Spray Lake Sawmills
Sector Forest Products
Buyer(s) West Fraser
Deal Type Add-on Acquisition

Target

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.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

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 9 of 9
Sector (Forest Products) 9 of 9
Type (Add-on Acquisition) 8 of 8
State (Alberta) 4 of 4
Country (Canada) 6 of 6
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-12 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.

Buy $300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-22 Quesnel River Pulp

Quesnel, British Columbia, Canada

Quesnel River Pulp is producer of wood products. Quesnel River Pulp is based in Quesnel, British Columbia.

Sell -