An Australian company is set to take Nelson’s largest forestry business, Nelson Forests. OneFortyOne Plantations (OFO) has signed an agreement to acquire the company’s 60,000 hectares of pine forests across Nelson and Marlborough, and Kaituna Sawmill near Blenheim, from US-based Global Forest Partners LP. The Nelson Forests’ lead team would continue to manage the plantation, OFO Chief Executive Officer, Linda Sewell said. “Nelson Forests is recognised as being one of New Zealand’s best run forestry businesses and an established leader in safe and sustainable forest management.  “We’ll certainly be looking to build on that.” …Global Forest Partners LP had “come to the natural end of their investment cycle,” and the proposed acquisition was very positive, he said.