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Recent Articles

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Saint-Gobain divests its treated timber products brands in Ireland and UK via 'Grow & Impact' strategy, with PDM divestment complete and sales of Calders & Grandidge to complete by end of 2024; combined assets generated €50 million in 2023

CIBC maintains Doman Building Materials at outperformer and C$10 target, lifts 2024/2025 EBITDA estimate; Doman poised to benefit from healthy medium-/long-term demand for treated lumber in North America on elevated home equity levels, aging housing stock

RBC: Sentiment neutral on Doman Building Materials acquiring two lumber pressure treating plants formerly owned by Southeast Forest Products Treated, expanding its market reach to eight new states in southern, eastern US; transaction value not disclosed

Doman Building Materials' subsidiary Doman Lumber acquires two US lumber pressure treating plants formerly owned by Southeast Forest Products Treated in Richmond, Indiana, and near Birmingham, Alabama; acquisition adds 300 mmbf of annual treating capacity

Saint-Gobain divests its treated timber business--PDM in Ireland and Calders and Grandidge in the UK--to the Iivari Mononen Group; divested assets generated revenues of €50M in 2023, employ 80 people, include utility poles, fencing and railway sleepers

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