Blue Wolf joins Conifex's board with close of $262 mln deal
U.S. private equity firm Blue Wolf Capital Partners has completed its sale of Suwannee Lumber and Caddo River Forest Products to Conifex Timber Inc (TSX: CFF), a Vancouver-based manufacturer and seller of lumber products. As a result of the $262 million (US$200 million) cash-and-stock deal, announced in May, Blue Wolf Partner Charles Miller and Strategic Advisor George Judd have taken seats on Conifex’s board. In a separate release, BW SLC Holdings LLC, a Blue Wolf affiliate, said it acquired common shares and warrants in Conifex. The transaction will give BW SLC ownership of up to 21.59 percent of the company's issued and outstanding shares.
10 July 2018•4 mins read
