Source disclosure: February 13, 2026
Sumitomo Forestry Co., Ltd. [1911.T]
TOKYO, Feb 13 (Pulse News Wire) – Sumitomo Forestry CO.,LTD. (1911.T) decided to initiate procedures to acquire U.S.
Homebuilder Tri Pointe Homes, Inc. through its subsidiary Sumitomo Forestry America, Inc. The acquisition price is set at $47 per share, representing a premium of approximately 25% based on recent trading prices. Completion of the deal is contingent upon shareholder approval and regulatory clearance. Sumitomo Forestry aims to strengthen its presence in the U.S.
Housing market by expanding its operations across multiple states and enhancing product diversity. Tri Pointe Homes reported revenue of $4.281 billion and operating profit of $286 million in its latest fiscal year, ending December 2024. The acquisition is expected to significantly boost Sumitomo Forestry's U.S. housing supply target of 100,000 units annually by 2030. Additionally, Sumitomo Forestry plans to finance the transaction through a bridge loan, aiming to secure permanent financing within a year post-acquisition.
The company intends to pursue synergies throughout its wood value chain, from timber sourcing to finished products, while maintaining strong capital integrity.
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