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New Deal


Announced

West Fraser Timber to acquire Spray Lake Sawmills for C$140m.

Financials

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Transaction Value£81m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

wood products

Diversified Materials

Majority

Private

Pending

Friendly

Single Bidder

Acquisition

Domestic

Synopsis

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West Fraser Timber, a forestry company, agreed to acquire Spray Lake Sawmills, a lumber products producer, for C$140m. “We are excited to welcome Spray Lake Sawmills to the West Fraser family. Spray Lake Sawmills has an experienced, dedicated group of employees who we will look to further the legacy of this proud mill. With its solid safety performance, and focus on sustainability and community, the mill is an ideal fit for West Fraser,” Ray Ferris, West Fraser President and CEO.

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