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Cascades Optimizes the Value of Its Forest Assets And Enters Into a Long-Term Strategic Partnership With Solifor
The $20 million deal gives Solifor 10,500 hectares and secures long-term wood supply for Cascades’ Cabano plant, the company said.
9 Articles
9 Articles
On Wednesday, Cascades announced that it had transferred its private forest land located in the Kamouraska and Témiscouata regions of Lower St. Lawrence to the Solifor Forest Asset Management Corporation, as part of a $20 million transaction.
Wood Business
Canadian Biomass MagazineCascades Sells Kamouraska And Témiscouata Forests To Solifor
Private forest property manager Solifor has acquired Cascades’ 10,500 acres of lands in Kamouraska and Témiscouata, Que., for $20 million. Through a new strategic partnership agreement, the development of these lands in the Bas-Saint-Laurent region will continue, helping to secure a long-term supply for Cascades’ Cabano plant (pictured), which manufactures corrugated cardboard from virgin and recycled fibres for the packaging market. Cascades ha…
Sask Today
Cascades sells 10,500 hectares of private forest lands to Solifor in $20M deal
KINGSEY FALLS — Cascades Inc. has sold its private forest lands in Kamouraska and Témiscouata in the Bas-Saint-Laurent region of Quebec to Société de gestion d'actifs forestiers Solifor in a $20-million deal.
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