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RBC highlights wood products news for week of Aug. 4: Western Cascades closes sawmill in Toledo, Oregon; Ontario government to invest C$3.46M in Element5, as it aims to increase wood use in construction; Adentra acquires Woolf Distributing for US$130M
Published: August 08, 2024 by RBC Capital Markets LLC
Scotia Capital reaffirms Adentra at sector outperform, raises target by C$1.50 to C$52.50; acquisition of Woolf Distributing advances goal of adding US$800M in sales via M&A over next five years through 2028, shifts mix to higher margin specialty products
Published: August 01, 2024 by Canada StockWatch
CIBC raises Adentra's target by C$1 to C$52 on slightly higher fiscal 2025 EPS estimate driven by acquisition of Woolf Distributing Co.; strategic move should bolster Adentra's market presence and expand its distribution capabilities
Published: July 31, 2024 by Stock Target Advisor
British Columbia's ADENTRA completes acquisition of Illinois-based millwork supplier Woolf Distribution; expansion enhances product mix and geographic footprint in Pro Dealer channel, expected to boost adjusted earnings per share and EBITDA margin
Published: July 30, 2024 by ADENTRA Inc.

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