Acquiring Company
CTL
Acquired Company
Big River Group
SydneyGraftonManufacturingManufacturingDescription
Big River Group's board backed a $1.62-a-share cash takeover offer from CTL, an investment company within the Kanji Group, valuing its equity at $156 million. The deal would take the listed plywood maker private again, subject to shareholder approval and court clearance. Continuity of its Forestry Corporation of NSW log supply agreements is a key condition.
Quick answer
CTL is acquiring Big River Group, announced November 15, 2026. CTL is based in Sydney, New South Wales, Australia.
- How much did CTL pay for Big River Group?
- The deal value was not disclosed.
- What does CTL do?
- CTL is an investment company within the Kanji Group, a business held for the long term and grown through targeted acquisitions.
- Where are CTL and Big River Group based?
- CTL is based in Sydney, New South Wales, Australia. Big River Group is based in Grafton, New South Wales, Australia.
Source: Fundz verified event record.
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Who to call at CTL, and when
When CTL changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- Who you already know at CTL, from your own LinkedIn network
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Frequently asked
Who acquired Big River Group?
Big River Group was acquired by CTL, based in Sydney. The deal was reported on November 15, 2026. CTL is an investment company within the Kanji Group, a business held for the long term and grown through targeted acquisitions. CTL is privately held and operates in Manufacturing.
When did CTL acquire Big River Group?
CTL's acquisition of Big River Group was reported on November 15, 2026. Big River Group's board backed a $1.62-a-share cash takeover offer from CTL, an investment company within the Kanji Group, valuing its equity at $156 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Big River Group do?
Big River Group is one of Australia's largest formply and structural plywood manufacturers. It was listed on the ASX after being bought by private equity firm Anacacia Capital in 2016. It reported $426.4 million in revenue for the year to June. It is privately held, operating in Manufacturing, and is based in Grafton.
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