Kronospan to Purchase Roseburg Forest Product’s Simsboro, Louisiana, Particleboard Facility
Kronospan and Roseburg Forest Products on Tuesday (11-14-23) jointly announced that they had executed a planned purchase and sales agreement between the companies. Roseburg has agreed to sell its Simsboro, Louisiana, particleboard facility to Kronospan.
According to the press release, “Kronospan is committed to modernizing the Simsboro particleboard facility in the post‐acquisition period and has a proven track record in this regard from prior acquisitions.”
The completion of the acquisition is subject to customary closing conditions, including receipt of regulatory approvals.
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