New Forests has expanded its North American presence with the acquisition of 44,200 acres of forestry assets in Washington state, reported Financial Standard.
The assets were acquired from Campbell Global and are primarily planted with Douglas-fir and western hemlock. The properties are located near key processing infrastructure and export facilities, providing access to both domestic and international timber markets.
The acquisition follows the firm’s purchase of a 91,000-acre plantation forest in Oklahoma in late 2024.
