Barros & Errázuriz advises BTG Pactual in the acquisition of forestry assets
Transactions | May 25, 2021
Barros & Errázuriz advised BTG Pactual in the acquisition of forestry assets from Forestal Arauco S.A. through a consortium led by its forestry assets area Timberland Investment Group (TIG), together with British Columbia Investment Management Corporation (BCI).
The transaction consists of approximately 80,500 hectares of high-quality forests, sustainably managed in the central and southern regions of Chile, which marks a milestone regarding the consortium’s presence in the country’s forestry sector.
The acquisition supports the consortium’s strategy of investing in attractively profitable forestry assets around the world, complying with the highest standards of social and environmental development. All the assets involved in this transaction have been certified with Arauco by the FSC (for its acronym in English corresponding to the Forest Stewardship Council).