ACCC will not oppose New Forests consortium bid for Green Triangle pine plantation
Global Forest Partners LP is a US-based investment adviser that specialises in forestry investment management. New Forests Asset Management Pty Ltd is also a forestry investment manager headquartered in Australia which operates in New Zealand, Singapore and the United States. New Forests manages funds that part-own the second largest pine plantation forest in the Green Triangle region (Penola Plantations). It also manages a fund which owns a sawmill based in the region that processes structural sawlog (Timberlink Tarpeena). The Green Triangle region is made up of a number of softwood pine pla...