News archive

Tag: acquisition

Claymark to sell to NZ Future Forests Products

06-09-2019
Claymark, New Zealand, USA, timber, acquisition

NZ Future Forests Products Ltd (NZFFP) has entered an agreement to acquire the Claymark Group including all the operations in New Zealand and the United States. The company says that this transaction is the start of a new and exciting chapter for Claymark. Mark Clayton has led Claymark for 30 years and transformed the company into a global leader …

Forsite acquires Object Raku Technology

04-06-2019
Forsite, forestry, acquisition

Forsite has purchased Object Raku Technology, further solidifying Forsite’s commitment to providing cutting-edge forest inventory products. Object Raku has led the development of the Timber Species Identifier (TSI), a system of automated software components which analyse LiDAR data to determine the location and species of individual trees, …

Sumitomo Forestry acquires a U.S. Land Development Company

10-10-2018
Sumitomo Forestry, acquisition, U.S. land development company, Mark III, Northwestern South Carolina

Sumitomo Forestry Co., Ltd. announced that it has acquired a 60 per cent equity interest in the United States Mark III Properties, LLC (hereinafter: Mark III) through its wholly-owned subsidiary, Sumitomo Forestry America, Inc.. A celebrative reception for the new partnership was held on August 14, local time. The Sumitomo Forestry Group cited …

Angeles Equity Partners and Clearlake Capital acquire Meek’s Lumber Company

01-10-2018
Angeles Equity Partners, Clearlake Capital, Meek’s Lumber Company, acquisition

Angeles Equity Partners, LLC, a private investment firm focused on value creation through operational transformation, and Clearlake Capital Group, L.P., a leading private investment firm, have announced the acquisition of the Meek’s Lumber Company. Financial terms of the transaction were not disclosed. Meek’s is one of the largest …

New Forests acquires Pine Creek Timberlands

10-09-2018
New Forests, Pine Creek Timberlands, acquisition

Investment manager New Forests has announced its latest acquisition under the firm’s growing U.S. timberland investment programme, with the purchase of 10,400 acres of Humboldt County timberlands from Soper Company. The estate is known as the Pine Creek Timberlands and completes the placement of an investment fund focused on high carbon …

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