M&A Deal Summary

Weyerhaeuser Acquires Maracay Homes

On February 10, 2006, Weyerhaeuser acquired real estate company Maracay Homes from Ken Fowler Enterprises

Acquisition Highlights
  • This is Weyerhaeuser’s 1st transaction in the Real Estate sector.
  • This is Weyerhaeuser’s 3rd transaction in the United States.
  • This is Weyerhaeuser’s 1st transaction in Arizona.

M&A Deal Summary

Date 2006-02-10
Target Maracay Homes
Sector Real Estate
Buyer(s) Weyerhaeuser
Sellers(s) Ken Fowler Enterprises
Deal Type Add-on Acquisition

Target

Maracay Homes

Scottsdale, Arizona, United States
Maracay Homes LLC, providing homebuyers with smarter choices that serve both their lifestyle and the environment, while constructing more than 8,000 homes for families throughout Phoenix and Tucson.

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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 5 of 9
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 4 of 6
State (Arizona) 1 of 1
Country (United States) 3 of 7
Year (2006) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-29 Aracruz Produtos de Madeira S.A.

Posto da Mata, Brazil

Aracruz Produtos de Madeira S.A. manufactures and markets eucalyptus hardwood lumber and related wood products under the brand name Lyptus. Lyptus comes from a Eucalyptus hybrid that is grown on plantations. One-third of the area is kept in native vegetation to help maintain elements of the natural ecosystem.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-31 Weyerhaeuser North American Composite Panels Business

United States

Weyerhaeuser North American Composite Panels Business, which produce medium density fiberboard (MDF) or particleboard, have the capacity to produce a total of 1.1 billion square feet annually.

Sell -

Seller(S) 1

SELLER

Ken Fowler Enterprises

St. Catharines, Ontario, Canada

Category Private Equity Firm
Founded 1972
Size Small
Type Sector Agnostic
DESCRIPTION

Ken Fowler Enterprises Ltd. (KFE) is a private equity firm that typically commits between $5 million to $15 million of capital per transaction. The firm seeks to invest in real estate, restaurants and hospitality, and specialty retailers. KFE also takes an active role in special situation investments. These investment opportunities lie outside the firm's normal focus, but add to the range of industries the firm invests in. These special situation investments include consumer finance, aerospace parts manufacturing, waste management, forestry, infrastructure technology, education and many other industries. Ken Fowler Enterprises Ltd. was formed in 1972 and is based in St. Catharines, Ontario.


DEAL STATS #
Overall 2 of 5
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 2 of 5
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-31 Manchu WOK

Markham, Ontario, Canada

Manchu Wok offers consistently high quality Chinese cuisine in a fast food environment across North America. The company operates in high traffic locations such as regional shopping centres and high density office complexes.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-13 Roadware Group

Mississauga, Ontario, Canada

Roadware Group Inc is a designer, assembler and supplier of custom built vehicles and has delivered over eighty such vehicles to international customers, primarily Government Road Authorities.

Sell €14M