Targus forestry assets have been acquired by UPM Forestal Uruguay
A group of investment funds managed by The Rohatyn Group have sold 15,100 hectares of pine and eucalyptus forests to UPM Forestal Uruguay.
Targus forestry assets consist of approximately 21,600 hectares (over 50,000 acres) of high quality and mature pine and eucalyptus forests in Tacuarembó and Rivera in the northern region of Uruguay.
Founded in 1990, UPM Forestal Uruguay operates in Uruguay as a leading forestry and timber supply company, promoting the sector and generating qualified employment in the less populated areas of the country.
Oaklins’ team in Argentina advised the sellers and coordinated the whole M&A transaction.
Talk to the deal team
Alejandro Dillon
Managing Partner
Buenos Aires, ArgentinaOaklins Columbus
Related deals
Capricorn Holding has been acquired by Forster Gruppe and Genossenschaft Migros Aare
The owners of Capricorn Holding AG have sold the company to Forster Gruppe AG and Genossenschaft Migros Aare, optimal buyers that will guarantee the continuation of the business in the future. The three parties have agreed not to disclose any financial information about the transaction.
Learn moreLifco has acquired MultiOne
Lifco AB has acquired MultiOne s.r.l.
Learn moreVGB has raised acquisition finance to obtain full ownership of Container Centralen
VGB has raised acquisition finance, provided by Rabobank, consisting of a term loan and an RCF.
Learn more