Paper & Forest Products M&A » By The Online Investor Staff, updated Tue., Apr. 16, 6:24 PM
Recent mergers and acquisitions in the Paper & Forest Products M&A category.
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Slide #9. Conifex Timber Inc. — Lignum Forest Products LLP
Acquirer:
Conifex Timber Inc. (TSE:CFF.CA)
Acquiree:
Lignum Forest Products LLP
Details:
Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE:CFF) today announced that it has completed its previously announced acquisition of Lignum Forest Products LLP ("Lignum"), a private partnership which operates a lumber marketing and distribution business.
Conifex Timber is engaged in two operating segments: Lumber and Bioenergy Generation. The lumber segment include timber harvesting, reforestation, forest management, manufacture of logs into finished lumber and residual products at sawmills and distribution of its finished products. The bioenergy generation segment include the upgrade and development of the power related assets acquired, subsequent operation of the cogeneration facility to export renewable energy and to provide steam for the lumber kilns, and the pursuit of opportunities in the bioenergy sector.
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