Interfor Corporation (TSX:IFP) entered into an agreement to acquire Sawmill Operations located in United States from Georgia-Pacific Wood Products LLC and GP Wood Products LLC for approximately $380 million on April 27, 2021. The purchase will be funded entirely from cash on hand. The completion of the acquisition is subject to customary conditions and regulatory approvals for a transaction of this kind and is expected to close in the third quarter of 2021. The acquisition will be immediately accretive to Interfor’s earnings and is expected to provide attractive returns in both the near-term and over the long-term. Royal Bank of Canada acted as financial advisor to Georgia-Pacific Wood Products LLC. Interfor Corporation (TSX:IFP) completed the acquisition of Sawmill Operations located in United States from Georgia-Pacific Wood Products LLC and GP Wood Products LLC on July 9, 2021.