Canfor acquires lumber manufacturing facility from Resolute El Dorado for $102 million

Company

Canfor Corporation

Law Firm / Organization
Goodmans LLP

Company

Resolute El Dorado Inc.

Law Firm / Organization
Resolute El Dorado Inc.

On August 1, 2024, Canfor Corporation completed the recently announced acquisition of a lumber manufacturing facility in El Dorado, Arkansas, from Resolute El Dorado Inc., an affiliate of Domtar Corporation, for approximately $102 million (US$73 million).

The facility was subsequently renamed the Iron Mountain sawmill.

Goodmans LLP advised Canfor Corporation. Resolute El Dorado Inc. was represented by its in-house legal team

Merger & Acquisition
Other
$ 102,154,337
Closed
01 August 2024