Lumber Giants Intertwine in $7 Billion Deal
2025 has been a challenging year for the wood business due to tariffs and a housing market slowdown.
Rayonier announced an all-stock deal to acquire PotlatchDeltic, valuing the combined company at $7.1 billion, or $8.2 billion including debt.
The merger creates one of the largest lumber companies in the US, coinciding with a new round of lumber tariffs.
- Tariffs and trade war uncertainty have impacted the industry.
- Prices have fluctuated due to import duties on Canadian wood.
The marriage, billed as a merger of equals.
Author's summary: Rayonier acquires PotlatchDeltic in a $7 billion deal.