Interfor completed the acquisition of Chaleur Forest Products from Kilmer Group for C$325m.

Interfor, a firm that produces and sells lumber, timber, and other wood products, completed the acquisition of Chaleur Forest Products, an operator of sawmill company, from Kilmer Group, a private equity firm, for C$325m ($240m). “This acquisition is consistent with Interfor’s growth-focused strategy as a pure-play lumber producer and builds upon our recent expansion into Eastern Canada with further geographic diversity. New Brunswick has a secure, high quality and competitive log supply, a supportive investment environment and proximity to key eastern markets. These are well-managed and efficient mills with a desirable SPF product mix, which fit extraordinarily well within our existing portfolio. Chaleur’s strong management team further bolsters our core lumber strength and we look forward to welcoming the team into our company," Ian Fillinger, Interfor President & CEO.