Western Forest Products announced that a wholly owned subsidiary of Western has entered into an agreement to acquire the assets of Columbia Vista Corporation and certain related entities located in Vancouver, Washington for consideration of US$30.5 million, including working capital of US$6.7 million. Working capital to be acquired is subject to a final determination at closing. Columbia Vista is a lumber manufacturer that focuses production on Douglas Fir specialty products for the Japanese and U.S. markets. Columbia Vista operates a sawmill business in Washington State and has been in business for ...
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