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Announced

binderholz to acquire Klausner Lumber One for $61m.

Financials

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Transaction Value£46m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Forestry

Auction

Majority

Private

Friendly

timber

United States

Pending

Synopsis

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binderholz, a solid wood products provider, agreed to acquire Klausner Lumber One, a Florida-based sawmill, for $61m. "The purchase of our own production facility in what is by far the largest world market for solid wood was therefore the next logical step. We also want to further develop our successful business model in the USA," Reinhard Binder, binderholz CEO.

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