Warning: Array to string conversion in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor/core/dynamic-tags/manager.php on line 73

Warning: Array to string conversion in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor/core/dynamic-tags/manager.php on line 73

Warning: Array to string conversion in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor/core/dynamic-tags/manager.php on line 73

Warning: Array to string conversion in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor/core/dynamic-tags/manager.php on line 73

Timberland

PotlatchDeltic Acquires CatchMark


Warning: Array to string conversion in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor/core/dynamic-tags/manager.php on line 73

On May 31, PotlatchDeltic Corporation and CatchMark Timber Trust announced their agreement to merge in an all-stock transaction. The combined company will own approximately 2.2 million acres of timberland, including 626,000 acres in northern Idaho and more than 1.5 million acres in six states across the South.
PotlatchDeltic’s acquisition of CatchMark is projected to result in a pro forma market capitalization of more than $4 billion, a total enterprise value of more than $5 billion, and a net debt of $577 million. The transaction is expected to close as early as Q3 2022.
Plans to leverage PotlatchDeltic’s expertise in rural land sales and CatchMark’s knowledge of Southern markets should maximize opportunities for rural real estate sales, such as conservation and solar transactions.
Click here to learn more.

READ MORE
Please sign me up to receive breaking news and updates from The Land Report:
Print & Gift
Subscriptions Available

RELATED ARTICLES

Landowners

Russell Gordy: Shooting for the Best

By Henry Chappell Photography by Gustav Schmiege III Russell Gordy has a simple goal for …

Landmarks

Equestrian Roundup: Florida’s Payson Park

Over the years Virginia Kraft Payson’s adventures have ranged from hunting wild game to piloting …

News Desk

Land's Best Friend: The English Setter

This Brit is a natural in all respects. More than one pointer aficionado has told …

Copyright © Land Report LLC. All rights reserved.

Contact to Listing Owner

Captcha Code