Rayonier Completes Merger of Equals with PotlatchDeltic

February 2, 2026

Rayonier and PotlatchDeltic announced that their merger of equals has closed, creating a combined land resources and wood products platform owning over four million acres of timberland in the United States. The combined company initially retains the Rayonier name (NYSE: RYN) and will operate six sawmills plus an industrial-grade plywood mill, alongside real estate development and rural land sales.

Buyers
Rayonier Inc.
Targets
PotlatchDeltic Corporation
Location
Florida, United States
Transaction Type
Buyout

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