Ilim Timber Industry has acquired the entire shareholding in Tolleson Lumber Company, a large producer of sawn timber in the USA, for US$55 million.
lim Timber Industry is one of the top 10 world producers of sawn timber with production assets in Russia, Germany and the US. This acquisition is part of the compnay's strategy to become the number one global player in the industry.
Oaklins' team in Russia acted as financial advisor to the buyer in this transaction.
© Oaklins, all rights reserved. Oaklins refers to Oaklins International Inc. and/or one of its member firms, each of which is a separate legal entity. Please see www.oaklins.com/legal for further details.