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Companies in the timber industry / Daily News / Sawmilling / Global / North America / Russia
March 12, 2014

Interfor completes acquisition of Ilim Timber’s lumber company

Interfor announced that it has completed the acquisition of Tolleson Lumber Company of Perry, Georgia, from Ilim Timber Continental, SA, the company announced in a press release.    The acquisition of Tolleson's two sawmills in Perry and Preston and a remanufacturing facility in Perry makes now Interfor one of the five largest lumber producers in North America, and the largest in Georgia.    Total consideration paid by Interfor for Tolleson amounted to US$129.9 million in cash and retained liabilities plus 3.68 million of the company's class A subordinate voting ...

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