Interfor to acquire EACOM Timber from Kelso for $387m.

Interfor, a firm that produces and sells lumber, timber, and other wood products, agreed to acquire EACOM Timber, a manufacturer and distributor of lumber and wood products, from Kelso, a private equity investment firm, for $387m. “This transaction makes Interfor a truly North American lumber producer, with operations in all the key fibre regions on the continent, further diversifying and de-risking our operating platform and enhancing our growth potential and opportunity set. This transformational growth secures a desirable SPF product mix to meet the growing demand of our customers, at a time when SPF fibre supply is under increasing pressure in other jurisdictions in North America and around the world," Ian Fillinger, Interfor President & CEO.