PotlatchDeltic Acquires CatchMark Timber Trust

May 31, 2022

PotlatchDeltic Corporation completed an all-stock merger to acquire CatchMark Timber Trust, combining two timberland REITs to create a leading integrated timber REIT with approximately 2.2 million acres of timberlands. The transaction is expected to deliver synergies, diversify PotlatchDeltic's geographic footprint into the U.S. South, and be accretive to Cash Available for Distribution.

Buyers
PotlatchDeltic Corporation
Targets
CatchMark Timber Trust, Inc.
Sellers
CatchMark Timber Trust, Inc. stockholders
Industry
Real Estate
Location
Georgia, United States
Transaction Type
Buyout

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