OneFortyOne Plantations Holdings Pty Ltd - Global Forest Partners LP’s softwood plantation assets (Green Triangle Forest Products)

Acquirer(s)

  • OneFortyOne Plantations Holdings Pty Ltd

Target(s)

  • Global Forest Partners LP’s softwood plantation assets (Green Triangle Forest Products)

Summary

OneFortyOne Plantations Holdings Pty Ltd proposes to acquire 100% of the units in World Timberfund Australia Trust, which owns the business known as Green Triangle Forest Products, from investors managed by Global Forest Partners LP.

Market inquiries

Submissions are invited from interested parties regarding OneFortyOne Plantations Holdings Pty Ltd's proposed acquisition of the softwood plantation assets of Global Forest Partners LP. 

The closing date for submissions is 17 February 2021. Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title "Submission re: OFO/GFP - attention John Rouw/Louis Loizou".

Following the closing date, queries regarding the ACCC's review may be addressed to John Rouw/Louis Loizou at mergers@accc.gov.au. For more details, please refer to the attached market inquiries letter.

Market inquiries

Document title Date

Timeline

DateEvent
03/02/2021ACCC commenced informal review under the Informal Merger Review Process Guidelines.
17/02/2021Closing date for submissions.
12/03/2021ACCC requested further information from OneFortyOne.
29/03/2021ACCC is awaiting information from OneFortyOne. Former provisional date for announcement of findings (16 April) is delayed. ACCC will announce a proposed decision date in due course.

Project staff

  • John Rouw
  • Louis Loizou

Contact email