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Announced

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Interfor completed the acquisition of four US sawmills from Georgia-Pacific for $375m.

Synopsis

Interfor, a growth-oriented forest products company, completed the acquisition of four US sawmills from Georgia-Pacific, an American pulp and paper company, for $375m. "This acquisition enhances Interfor’s growth-focused strategy as a pure-play lumber producer, and provides significant economies of scale given the complementary geographic fit with our existing US operations. We’re excited to acquire these high-quality assets as part of our balanced approach to capital allocation to drive shareholder value," Ian Fillinger, Interfor President and CEO.

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