Astara Capital Partners Acquires Majority Stake in Cross City Lumber
April 15, 2021
Astara Capital Partners acquired a majority stake in Cross City Lumber, a Southern Yellow Pine sawmill based in Cross City, Florida. Astara will partner with the existing management team to expand mill capacity, improve efficiency and pursue complementary investments in other Southern Yellow Pine mills across the Southeast U.S.
- Buyers
- Astara Capital Partners, LLC
- Targets
- Cross City Lumber, LLC
- Industry
- Building Products
- Location
- Florida, United States
- Transaction Type
- Buyout
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