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 …

Trimble Acquires 3LOG Systems to Expand its Forestry Management Software Solutions

06-09-2019
Trimble, 3LOG, acquisition

Trimble (TRMB) has announced that its acquisition of 3LOG Systems, Inc., a leading supplier of timber management software solutions. The acquisition complements Trimble's forestry business software portfolio and further expands the Trimble Connected Forest™ solutions, which offer a complete end-to-end ecosystem for forest management, …

Derome acquires construction trade Woody Anderstorp in Sweden

26-08-2019
Derome, Woody Anderstorp, acquisition, timber, wood

Derome, Sweden’s largest family-owned timber company, has acquired Woody Anderstorp and will join the construction trade on January 1, 2020. This acquisition marks the starting point for Derome's investment in Småland, and follows a rapid geographical expansion along the entire coast from Bohuslän to Blekinge. Derome will expand …

Hikurangi Forest Farms renamed Aratu Forests after acquisition

04-07-2019
New Zealand, acquisition, Aratu Forests, Hikurangi Forest Farms, forestry

New Forests has finalised the acquisition of Hikurangi Forest Farms (HFF), based in Gisborne, New Zealand, on behalf of its investment clients. HFF is one of the largest forestry estates in the Gisborne region and includes around 25,000 hectares of radiata pine plantation on 35,000 hectares of freehold, forest rights, and leasehold …

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, …

Canfor Completes First Phase Purchase of Elliott Sawmilling Company Inc.

03-06-2019
Canfor, Elliott Sawmilling Company, sawmilling, acquisition

Canfor Corporation (TSX:CFP), has announced that it has completed the first phase purchase of 49% of Elliott Sawmilling Co. Inc. (“Elliott”). The balance will be acquired in one year.

Editor’s pickWintersteiger acquires German machine builder SERRA

20-03-2019
wintersteiger, acquisition, SERRA Maschinenbau GmbH

Ried i.I./Rimsting. Wintersteiger AG has purchased SERRA Maschinenbau GmbH in Rimsting am Chiemsee, Germany, with retroactive effect to January 1, 2019. From left to right.: Hans Fritz sen., Johann Fritz, Mag. Harold W. Kostka (CFO, Wintersteiger), Dr. Florestan von Boxberg (CEO, Wintersteiger), DI (FH) Andreas Doubrava, Christian Mayer (Photo …

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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News archive

Tag: acquisition

Editor’s pickWintersteiger acquires German machine builder SERRA

News archive

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