{"id":77344,"date":"2019-04-08T12:33:28","date_gmt":"2019-04-08T12:33:28","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/conifex-sells-lignum-forest-products\/"},"modified":"2025-09-19T08:50:15","modified_gmt":"2025-09-19T08:50:15","slug":"conifex-sells-lignum-forest-products","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/conifex-sells-lignum-forest-products\/","title":{"rendered":"Conifex sells Lignum Forest Products"},"content":{"rendered":"<p><em>Conifex Timber Inc. has entered into a definitive purchase agreement with certain subsidiaries of Canwel Building Materials Group Ltd.\u00a0 for the sale of Lignum Forest Products LLP .<\/em><\/p>\n<p>The consideration for the transaction is approximately US$11.5 million, including approximately US$10.5 million for working capital. The estimated working capital is subject to customary post-closing adjustments.<\/p>\n<p>Ken Shields, Conifex's President and CEO, stated: \"As we worked over the past several months capturing the synergies and integrating our two acquired US South mills into Conifex, it became apparent to us that Lignum\u2019s strength in lumber marketing and distribution would be well positioned for the future under the guidance of a company with a good reputation and with a single focus on marketing forest products.\"<\/p>\n<p>Mr. Shields continued: \"During our period of ownership, Lignum employees worked hard and compiled a consistent record of profitability, and we thank the employees of Lignum for their strong performance.\"<\/p>\n<p>The transaction is expected to close on April 1, 2019, subject<\/p>","protected":false},"excerpt":{"rendered":"<p>Conifex Timber Inc. has entered into a definitive purchase agreement with certain subsidiaries of Canwel Building Materials Group Ltd.\u00a0 for the sale of Lignum Forest Products LLP . The consideration for the transaction is approximately US$11.5 million, including approximately US$10.5 &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/conifex-sells-lignum-forest-products\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":60502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713],"tags":[3819,4080],"class_list":["post-77344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","tag-conifex","tag-lignum","topic-forestry","topic-sawmilling","area-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Conifex sells Lignum Forest Products - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/conifex-sells-lignum-forest-products\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Conifex sells Lignum Forest Products - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Conifex Timber Inc. has entered into a definitive purchase agreement with certain subsidiaries of Canwel Building Materials Group Ltd.\u00a0 for the sale of Lignum Forest Products LLP . 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