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Hot Topic Accountants
Primary Industries
1 mins to read

Rayonier exits NZ forestry business

US company sells 77% stake in Matariki Forestry Group for $1.24b.

Rayonier owns or leases 166,730ha in New Zealand.

NBR Staff Fri, 14 Mar 2025

New York Stock Exchange listed forestry company Rayonier has announced the sale of its 77% stake in New Zealand’s Matariki Forestry Group and associated management company for US$710 million ($1.24 billion).

In a statement to the NYSE on March 10, Rayonier said the deal concluded a strategic

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NBR Staff Fri, 14 Mar 2025
Contact the Writer: editor@nbr.co.nz
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Rayonier exits NZ forestry business
Primary Industries,
108266
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