Nouvelles

Domtar Owner Acquires Resolu

This acquisition is part of a North American consolidation trend in the forestry industry.

One need only think of Interfor, which acquired Eacom Timber in eastern Canada.

Forestry companies in western Canada are making acquisitions in the east to ensure their economic survival.

 

The end of the pine beetle crisis is reducing spot supplies.  Companies also have access problems to the resource because of conflicts with First Nations.

Jean-Yves Poitras,
Industrial Development Commissioner