Global Forest Partners intends to sell Nelson Forests in New Zealand

Global Forest Partners (GFP), a forestry investment company, hired investment UBS bank to sell Nelson Forests pine plantation business in New Zealand. According to the announcement,  Nelson Forests Ltd owns more than 60,000 hectares of pine plantations in Nelson and Marlborough regions of New Zealand. The business also includes the Kaituna Sawmill.

About Global Forest Partners:

The company is one of the oldest and largest forestry investment advisors. It manages over 750,000 hectares of high quality timberland in: Australia, Brazil, Cambodia, Chile, Colombia, Guatemala, New Zealand, and Uruguay as wel as Southeastern United States.

Source: Woodbizforum