Weyerhaeuser Company has completed two timberland acquisitions valued at $459 million and advanced three divestitures of non-core properties totaling $410 million in expected proceeds.
The acquired lands were purchased at a combined timber-only Adjusted EBITDA multiple of 21x and are described as high-quality, strategically located, and immediately cash flow positive.
The Washington acquisition is expected to generate an average annual timber-only free cash flow yield of 6.1% over the first 10 years.
The company expects the total cash inflow from all sales to exceed the funds spent on the acquisitions, with the third divestiture closing in early 2026.
Author's summary: Weyerhaeuser completes acquisitions and divestitures.