Announced
Completed
Financials
Sources
Tags
Private
Brazil
forestry assets
Farming Fishing Ranching and Plantations
Acquisition
Majority
Domestic
Completed
Friendly
Single Bidder
Synopsis
Suzano, a brazilian pulp and paper company, completed the acquisition of forestry assets from BTG Pactual Timberland Investment Group, a timberland manager, for $376m. "The target companies own approximately 70k hectares of land in the state of Mato Grosso do Sul, in a region where Suzano already has operations. Some 50k hectares of the acquired land are considered usable," Suzano.
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