M&A Deal Summary

Weyerhaeuser Acquires MacMillan Bloedel

On June 22, 1999, Weyerhaeuser acquired forest products company MacMillan Bloedel for 2.5B USD

Acquisition Highlights
  • This is Weyerhaeuser’s 1st transaction in the Forest Products sector.
  • This is Weyerhaeuser’s 3rd largest (disclosed) transaction.
  • This is Weyerhaeuser’s 1st transaction in Canada.
  • This is Weyerhaeuser’s 1st transaction in British Columbia.

M&A Deal Summary

Date 1999-06-22
Target MacMillan Bloedel
Sector Forest Products
Buyer(s) Weyerhaeuser
Deal Type Add-on Acquisition
Deal Value 2.5B USD

Target

MacMillan Bloedel

Vancouver, British Columbia, Canada
MacMillan Bloedel Ltd. is a forest products company. Its products included lumber, panelboards, engineered lumber, containerboard, market pulp, newsprint, uncoated & coated mechanical printing papers.

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Buyer(S) 1

Buyer

Weyerhaeuser

Seattle, Washington, United States

Category Company
Founded 1900
Sector Forest Products
Employees9,300
Revenue 7.7B USD (2023)
DESCRIPTION
Weyerhaeuser service center in St. Paul, Minnesota.
Weyerhaeuser service center in St. Paul, Minnesota.

Weyerhaeuser is a large private owner of timberlands and manufacturer of building materials. Weyerhaeuser owns or controls nearly 7 million acres of timberlands, primarily in the US, and manages additional timberlands under long-term licenses in Canada. The Company also manufacturers wood products and specialty cellulose fibers products. Weyerhaeuser was founded in 1900 and is based in Seattle, Washington.


DEAL STATS #
Overall 2 of 9
Sector (Forest Products) 1 of 6
Type (Add-on Acquisition) 1 of 6
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (1999) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1976-01-01 North Pacific Paper

Longview, Washington, United States

North Pacific Paper is a manufacturer of newsprint and various publication paper products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-06-30 Willamette Industries

Portland, Oregon, United States

Willamette Industries, Inc., a forest products company.

Buy $6.2B