Rayonier Sells New Zealand Stake for $710 Million

Rayonier ( (RYN) ) has provided an announcement.

On March 9, 2025, Rayonier announced a $710 million agreement to sell its 77% interest in its New Zealand joint venture to Taurus Forest Holdings Limited, managed by The Rohatyn Group. This transaction aligns with Rayonier’s strategy to focus on U.S. operations, reduce leverage, and enhance shareholder value, while TRG will leverage its expertise to drive growth in the New Zealand forestry business.

More about Rayonier

Rayonier is a leading timberland real estate investment trust with assets in the United States and New Zealand, focusing on softwood timber growing regions. As of December 31, 2024, it owned or leased approximately 2.5 million acres of timberlands, with significant holdings in the U.S. South and Pacific Northwest.

YTD Price Performance: 4.76%

Average Trading Volume: 1,001,595

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.26B

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