Campbell Global Acquires Oregon Timberland From Weyerhaeuser
The Timber Investment Management Organization (TIMO), Campbell Global LLC, announced in November it acquired 28,200 acres of timberland from Weyerhaeuser in Oregon’s North Coast and Willamette Valley. Campbell CEO, Angela Davis said “We are pleased to be adding some of the highest quality forestland in the world, and this transaction demonstrates our team’s ability to acquire top-tier properties on behalf of our investors.”
Portland-based Campbell Global, founded four decades ago, is a worldwide timberland investment manager of J.P. Morgan Asset Management. Campbell manages five million acres for pension funds, foundations, and institutional investors. It oversees $10.1 billion in assets, 1.4 million acres, with 150 employees. J.P. Morgan Asset Management has assets under management of $4 trillion.
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Pewag Completes Acquisition Of Wallingford’s, BABAC
Pewag group, a leading global company in traction chain devices and industrial chain solutions (founded in 1479), has announced that is has completed the acquisition of Wallingford’s Inc. and BABAC Inc, a leading U.S.-based provider of forestry traction devices, forestry supplies and snow chains. Wallingford’s and BABAC have been consolidated as part of Pewag’s traction and forestry segment as of December 17th, 2021…
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