Announced
Financials
Sources
Tags
forestry assets
Forestry
Acquisition
Majority
Private
Pending
Friendly
Single Bidder
Brazil
Domestic
Synopsis
Klabin, a paper producing, exporting and recycling company, agreed to acquire forestry business from Arauco, a wood pulp, engineered wood and forestry company, for $1.16bn. “This is a great opportunity in operational and financial terms, which will reduce the need to purchase third-party wood, increase the competitiveness of the Company's costs, and create value for its shareholders,” Marcos Ivo, Klabin CFO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.