M&A Deal Summary

Weyerhaeuser Acquires Plum Creek Timber

On February 19, 2016, Weyerhaeuser Co. acquired forest products company Plum Creek Timber Co., Inc. for 8.4B USD

Acquisition Highlights
  • This is Weyerhaeuser’s 5th transaction in the Forest Products sector.
  • This is Weyerhaeuser’s 1st largest (disclosed) transaction.
  • This is Weyerhaeuser’s 6th transaction in the United States.
  • This is Weyerhaeuser’s 3rd transaction in Washington.

M&A Deal Summary

Date 2016-02-19
Target Plum Creek Timber Co., Inc.
Sector Forest Products
Buyer(s) Weyerhaeuser Co.
Deal Type Merger
Deal Value 8.4B USD
Advisor(s) Goldman Sachs Investment Banking Division
Bank of America Merrill Lynch (BofA Securities) (Financial)
Skadden, Arps, Slate, Meagher & Flom LLP (Legal)

Target

Plum Creek Timber Co., Inc.

Seattle, Washington, United States
website
Plum Creek Timber Co., Inc. is a timber, land and forest products company.

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Buyer(S) 1

Buyer

Weyerhaeuser Co.

Seattle, Washington, United States

website


Category Company
SectorForest Products
Employees9,372
Revenue 7.5B USD (2020)
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 formed in 1900 and is based in Seattle, Washington.


DEAL STATS #
Overall 8 of 9
Sector (Forest Products) 5 of 6
Type (Merger) 1 of 1
State (Washington) 3 of 3
Country (United States) 6 of 7
Year (2016) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-23 Longview Timber LLC

Longview, Washington, United States

Longview Timber LLC, a forest product company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 Weyerhaeuser Co. - Pulp Business

United States

Weyerhaeuser Co. - Pulp Business includes five pulp mills and two converting facilities that produce fluff pulp, softwood pulp, and specialty pulp for a number of consumer applications including diapers, other hygiene products, tissue, and textiles.

Sell USD2.2B