Acquisition History / Canfor Corporation / PinkWood Ltd. (I-joist business)
Canfor Corporation Acquires PinkWood Ltd. (I-joist business)
Announced June 9, 2026 — $68M
What happened
Canfor agreed to buy the I-joist business of Calgary-based PinkWood Ltd., the largest I-joist facility in Western Canada with 120 employees and 46 million linear feet of capacity. PinkWood keeps its name and operates as a wholly owned Canfor subsidiary.
- Acquirer
- Canfor Corporation
- Target
- PinkWood Ltd. (I-joist business)
- Announced
- June 9, 2026
- Price
- $68M
- Industry
- Engineered wood products manufacturing
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Canfor Corporation acquire PinkWood Ltd. (I-joist business)?
Canfor Corporation acquired PinkWood Ltd. (I-joist business) on June 9, 2026. This was Canfor Corporation's 1st publicly tracked acquisition out of 1 we have on record.
How much did Canfor Corporation pay for PinkWood Ltd. (I-joist business)?
Canfor Corporation paid $68M for PinkWood Ltd. (I-joist business).
What does PinkWood Ltd. (I-joist business) do?
Canfor agreed to buy the I-joist business of Calgary-based PinkWood Ltd., the largest I-joist facility in Western Canada with 120 employees and 46 million linear feet of capacity. PinkWood keeps its name and operates as a wholly owned Canfor subsidiary.
What other Engineered wood products manufacturing companies has Canfor Corporation acquired?
PinkWood Ltd. (I-joist business) is Canfor Corporation's only publicly tracked acquisition in Engineered wood products manufacturing so far.