Rayonier and PotlatchDeltic to Combine in an All-Stock Merger of Equals to Create a Leading Land Resources REIT

Rayonier  and PotlatchDeltic  announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a leading domestic land resources owner and top-tier lumber manufacturer.

Based on the closing stock prices of Rayonier and PotlatchDeltic on October 10, 2025, the last business day prior to the execution of the agreement, the combined company is expected to have a pro forma equity market capitalization of $7.1 billion and a total enterprise value of $8.2 billion, including $1.1 billion of net debt. Upon completion of the transaction, the combined company will become the second-largest publicly traded timber and wood products company in North America and will be well-positioned to capitalize on an improving housing market as well as opportunities in higher-and-better-use (HBU) real estate and land-based / natural climate solutions.

The combination will bring together two leading land resources companies, leveraging significant timberland and real estate expertise as well as operational excellence in lumber manufacturing. Together, the combined company will have a productive and diverse timberland portfolio comprising approximately 4.2 million acres, including 3.2 million acres in the U.S.
 South and 931,000 acres in the U.S.
 Northwest.

Rayonier and PotlatchDeltic to Combine in an All-Stock Merger of Equals to Create a Leading Land Resources REIT | Rayonier Inc.

Related Posts

UPM Specialty Papers introduces the “LinerLoopTM compatible” label to help customers choose release papers that are designed for closed-loop recycling

Resonating with the ambitious EU regulatory targets for reducing waste, UPM Specialty Papers has introduced a new “LinerLoop compatible” label to promote closed loop recycling of release papers used in self-adhesive labels and tapes. Release papers carrying the label qualify for recycling in UPM LinerLoopTM, which is the first commercial-scale closed-loop recycling solution for silicone coated release papers. Currently some 50% of used release papers and matrix materials are recycled in Europe, but it is estimated that only 15% are recycled back to release papers in a closed loop (source: CELAB, AWA). As a member of CELAB-Europe and AFERA, UPM Specialty Papers works towards increasing the share of closed-loop recycling. Recycling silicone coated papers in a circular fashion is a technically demanding process. One factor, for instance, impacting closed-loop recycling is the shade of paper. As the typical shade of glassine used in label applications is white or some other light shade, recycling darker coloured glassine grades in the same stream would contaminate the recycled pulp.

Boise Paper Expands Jam-Free Guaranteed Offering

Boise Paper has offered a 99.99% Jam-Free Guarantee® on their Boise POLARIS® Premium Multipurpose paper since 2009 and on X-9® Multi-use Copy and ASPEN® 30 Multi-use Recycled Copy papers since 2013. They have recently expanded this guarantee to cover ASPEN 50 and 100 Multi-use Recycled Copy papers, as well as the Inkjet, Laser, and Color Copy papers in their Boise POLARIS Premium line. “We know how important the jam-free guarantee is to customers with large volume, high-speed printers,” says Mary Ignas, senior director of marketing. “They need to maximize efficiency with as little downtime as possible. That’s why we’ve partnered with BLI for the last ten years to validate the guarantee on our highest volume products.” Click Read More below for additional information.
Back To Top
×Close search
Search