BTG Pactual Timberland Investment Group Sells Nearly 70,000 Hectares to Suzano for Approximately R$ 2.123 Billion in Brazil
Aug 01, 2024•12 months ago
Contract Type
partnership
Description
The BTG Pactual Timberland Investment Group, LLC (TIG) has completed the sale of approximately 70,000 hectares of timberland assets to Suzano S.A. for R$2,123 billion. This marks one of the largest timberland transactions in Brazil, with the assets certified to the Forest Stewardship Council sustainability standard.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months