Simpson Thacher is representing Flakeboard America Limited, a subsidiary of the Chilean corporation Celulosa Arauco y Constitución S.A., in its purchase of substantially all of the assets of SierraPine, a California limited partnership and a manufacturer of medium density fiberboard and particleboard. The SierraPine assets being purchased include three manufacturing mills located in Oregon and California. The transaction is expected to close in the first quarter of 2014.
The Simpson Thacher team for the transaction includes Ed Chung, David Williams, Erik Wang and Luis Pellerano (M&A), Joe Tringali, Michael Naughton, Kenneth Ehrhard and Robert Annis (Antitrust), Michael Isby and Timothy Mulvihill (Environmental), David Rubinsky and Alina Finkelshteyn (Executive Compensation and Employee Benefits), Marcela Robledo (IP), Krista McManus (Real Estate) and Drew Purcell (Tax).