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Interfor Completes Acquisition Of Chaleur Forest Products And Announces Additional Long Term Debt Financing

Dec 01, 2022over 2 years ago

Acquiring Company

Interfor

Acquired Company

Chaleur Forest Products

BurnabyConsumer Goods

Description

INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that it has completed the previously announced transaction to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products (“Chaleur”) in New Brunswick, Canada from an affiliate of the Kilmer Group.

Company Information

Company

Interfor

Location

Burnaby, British Columbia, Canada

About

Interfor is a growth-oriented forest products company with operations in Canada and the United States. The Company has annual lumber production capacity of 4.9 billion board feet and offers a diverse line of lumber products to customers around the world. For more information about Interfor, visit our website at www.interfor.com.

FundzWatch™ Score

25
Medium M&A Activity
4 total signals

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed