Wood Business

Industry News News
Resolute acquires LP’s 50% equity interest in Resolute-LP Engineered Wood Partnership


March 8, 2022
By Resolute Forest Products

Resolute Forest Products announced that it has completed the previously announced acquisition of the 50 per cent equity interest of Louisiana-Pacific Corporation in Resolute-LP Engineered Wood Larouche Inc. and Resolute-LP Engineered Wood St-Prime Limited Partnership located in Quebec.

In connection with the closing, Resolute entered into agreements with Louisiana-Pacific for it to serve as the exclusive distributor of the engineered wood products produced at the two operations.