Daily updates on the state of the timber markets, delivered straight to your inbox.

January 21, 2025

San Group’s Port Alberni sawmills and manufacturing plant to be sold under court order

Most of San Group’s assets, including its sawmills and manufacturing plant in Port Alberni, will be sold to repay over $150 million in debts to creditors. This decision comes after a ruling from the British Columbia Supreme Court, which also extended the company's protection from creditors until May 30. Deloitte Restructuring Inc., the court-appointed monitor, is overseeing the sale process, which aims to maximize the value of the assets and ensure fair repayment to creditors. The company will divide San Group's assets into different offerings and compile a list of potential buyers. The monitor is ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

Checkout Options
All this for only 290 EURO/year!
Create Profile
password strength indicator
Billing Method
Billing Address
Checkout Now

Newsletter

Daily updates on the state of the timber markets, delivered straight to your inbox.