February 11, 2025

Acadian Timber to buy Maine trucking and logging assets

Steve Smith

Acadian Timber to buy Maine trucking and logging assets

Acadian Timber Corp. is set to acquire all assets of a Maine trucking and logging company for $4.8 million. The deal was announced on February 10 and involves buying assets from A & A Brochu, LLC.

The details: Acadian will gain control of trucking, lumber harvesting, and road building equipment in the Millinocket area.

The purchase aims to address harvesting challenges in Maine.
It enables Acadian to manage costs better and continue sustainable forestry practices.

What's next: The transaction is scheduled to close by the end of Q1 2025, allowing Acadian to invest further in local communities.

The acquisition marks a significant step in expanding Acadian's reach in the northeastern U.S., reported GlobeNewswire.

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