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Lumber Giants Strike $7.1B All-Stock Deal, Creating Second-Largest U.S. Timberland Owner With 4.2M Acres
Benzinga
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10 hours ago
Rayonier and PotlatchDeltic will merge in a $7.1B all-stock deal, forming the second-largest U.S. timberland owner with 4.2M acres. The merger benefits from rising lumber demand and Trump’s 10% softwood import tariff.
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00:00
It's Benzinga bringing Wall Street to Main Street.
00:30
Second-only industry leader, Weyerhaeuser.
00:33
Nearly a million rain-and-air potlatch-deltic acres are located in the northwest,
00:37
where private timber is at high demand.
00:39
They produce federal harvesting.
00:41
The rest lie in the south, where abundant pine supply has lowered log prices
00:45
but boosted lumber-making profitability.
00:47
Companies expect to benefit from higher U.S. lumber demand
00:49
amid Trump's 10% tariff on imported softwood and surging solar land leases.
00:54
For all things money, visit Benzinga.com.
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