The US company Louisiana-Pacific wrapped up its complete take-over of the Peace Valley OSB mill on 31 May. The mill was previously operated as a joint venture with Canfor. The transaction was originally supposed to close at the end of 2012, but closing took a little longer than expected. The purchase price stood at US$77m. Canfor will also receive a share of Peace Valley’s EBITDA over the next three years.
Source:
http://www.euwid-wood-products.com/news/wood-based-panels/single/Artikel/lp-completes-take-over-of-peace-valley-osb-mill.html