West Fraser to acquire Norbord, management changes announced

November 19, 2020
Category: Today's Takeaway

West Fraser Timber signed a deal to acquire Norbord in an all-stock transaction, management changes announced. In other transaction news: Peak Renewables purchase of Canfor’s Fort Nelson tenure; All-Fab Group buys Littfin Lumber; Bain Capital’s acquisition of US LBM; Carlton Owen passes the torch to Pete Maddon at the US Endowment; and Dave Anderson takes over at Mead Lumber.

In other news: Canada’s premier event for value-added wood products returns; COFI’s Susan Yurkovich on BC’s post-pandemic recovery; a new study says wildfires in Canada are not getting worse; and the future of forests in the (warming) American West. Meanwhile: a portion of a grant from Jeff Bezos will be used to protect forests in Clayoquot Sound, BC.

Finally, fire logs that smell like KFC (!) and panic-buying of  TP—this time there’s enough to go around.

Kelly McCloskey, Tree Frog Editor

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