Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
June 24, 2021
J.P. Morgan enters timber industry, acquires giant Campbell Global
J.P. Morgan has acquired timber investment giant Campbell Global. Terms of the deal were not disclosed. Based in Portland, Campbell manages 1.7 million acres of forest worldwide, has $5.3 billion in assets, and employs 150 workers. The deal will make J.P. Morgan a significant benefactor for thriving forests around the world, including in 15 U.S. states, New Zealand, Australia, and Chile. All employees will be retained and Campbell Global will remain headquartered in Portland, according to a news release.   ...
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