top of page
2024 EN Key Media Magasin Gerard Methot Ad 970x90  + FR

Dec 23, 2022

GreenFirst Divests Some Quebec Operations

GreenFirst Forest Products Inc. intends to sell its La Sarre and Béarn, QC, sawmills and its Abitibi and Témiscamingue, QC, forestry operations, as well as related assets and business operations, to Chantiers Chibougamau Ltée., a Quebec-based, family-controlled forestry company. GreenFirst plans to use the net proceeds from the sale to strengthen its balance sheet and continue investing in its Ontario operations. The sale of the Quebec assets is expected to close in the first quarter of 2023.

Sign up for our Daily News Alerts to receive relevant industry news, articles, and previews for our next issue of Home Improvement Retailing. Delivered directly to your inbox. Subscribe here.

bottom of page