Weyerhaeuser Completes Acquisition of Longview Timber

Weyerhaeuser Company

today announced the completion of its acquisition of Longview Timber LLC from affiliates of Brookfield Asset Management. The acquisition includes approximately 645,000 acres of high-quality timberlands in Washington and Oregon, which expand Weyerhaeuser's timber holdings in the Pacific Northwest by 33 percent to approximately 2.6 million acres. The transaction increases the total amount of U.S. timberlands Weyerhaeuser owns or controls to approximately 6.6 million acres.