Stella-Jones signs letter of intent to acquire certain assets of Brisco Wood Preservers Ltd.
Stella-Jones Inc. announced that it has signed a non-binding letter of intent to acquire certain pole treating assets of Brisco Wood Preservers Ltd., a provider of treated wood poles located in British Columbia.
June 26, 2012 By Dan Comand
The transaction, if finalized, is expected to close in July 2012 and is subject to customary closing conditions, including entry into a definitive purchase agreement and satisfactory due diligence. Stella-Jones plans to finance the transaction through existing credit facilities.
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