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Weyerhaeuser analyzing sale of timberland operations in Uruguay

Weyerhaeuser analiza venta de operaciones madereras en Uruguay

Intel ID : 241555
Synopsis

Weyerhaeuser (NYSE:WY), a Seattle, US-based manufacturer of cellulose, fiber, and timber products, plans to analyze strategic alternatives for its timberland and manufacturing operations in Uruguay, including a potential sale, announced the company in a press release issued on 12 October 2016.

Specifically, Weyerhaeuser President and CEO Doyle R. Simons noted that, following the merger with Plum Creek, a Seattle-based timberland manager, the company is seeking strategic alternatives for its Uruguayan operations to improve their position for long-term success and provide greater value for shareholders, which includes a potential sale.

In Uruguay, Weyerhaeuser operates 120,000 hectares of timberland in the northeast and center-north of the country, as well as plywood and veneer manufacturing facilities, a cogeneration plant, and a seedling nursery.
(content in spanish)

Weyerhaeuser (NYSE:WY), fabricante de productos de celulosa, fibra y madera con sede en Seattle, Estados Unidos, planea analizar alternativas estratégicas para sus operaciones madereras y de manufactura en Uruguay, incluida una posible venta, ha anunciado la empresa en una nota de prensa publicada el 12 de octubre de 2016.

En concreto, el presidente y CEO de Weyerhaeuser, Doyle R. Simons, ha señalado que, tras la fusión con Plum Creek, empresa maderera con sede en Seattle, la empresa busca alternativas estratégicas para las operaciones uruguayas para brindarles una mejor posición para su éxito a largo plazo y ofrecer mayor valor para sus accionistas, entres las que se encuentra una posible venta.

En Uruguay, Weyerhaeuser opera 120.000 hectáreas de bosques madereros en el noreste y centro-norte del país, además de instalaciones de fabricación de contrachapado y revestimientos, una planta de cogeneración y un semillero.

Relevant Documents

Seller

United States

Intel ID 241555
Value ND
Native Currency US Dollar (USD)
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Seller

Name
potential
Subsector (Old TTR Sectors)
Industry / Glass, Ceramic, Paper, Plastics, Wood and Timber (Primary)
Natural Resources / Forestry
Services and Distribution / Financial and Insurance
Primary Sector (TTRSC)
55.04.01 Forest Logging & Processing
55 Raw Materials & Natural Resources / 55.04 Forestry

Secondary Sectors (TTRSC)
55.04.06 Wood Products
55 Raw Materials & Natural Resources / 55.04 Forestry

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Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.