We counseled Simpson Lumber with the sale of its sawmills in Meldrim, Georgia; Georgetown, South Carolina; Longview, Washington; and Tacoma, Washington to Interfor U.S. Inc. for $94.7M. The transaction involved substantial lumber manufacturing capacity in three states, more than 400 employees and the seller’s 125-year reputation in the sawmill business. We handled all aspects of the negotiation, documentation and closing of the transaction initially working with Goldman Sachs, which handled a closed bidding process among potential strategic and financial buyers.
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