Rayonier Buys PotlatchDeltic: A $3.4 Billion Timber Deal
Update: 2025-10-14
Description
Rayonier and PotlatchDeltic are merging in a $3.4 billion all-stock deal, creating North America's second-largest timber giant with 4.2 million acres and boosting lumber production to 1.2 billion board feet. The merger, driven by Trump's new tariffs on imported lumber, aims to combat market challenges and oversupply, positioning the combined company for strategic and financial gains. PotlatchDeltic shareholders get a premium, while leadership from both companies will guide the new entity based in Atlanta.
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