Wood News

Interfor’s purchase of Tolleson Ilim finalized

PORTLAND, OR , March 17, 2014 (RISI) - 

Interfor announced it has completed the acquisition of Tolleson Lumber Company of Perry, Georgia, from Ilim Timber Continental, SA. The purchase includes Tolleson's two sawmills in Perry and Preston, Georgia, and a remanufacturing facility in Perry.

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 Shares.

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