ForestryNewsPhoto by kris:

York Timbers wholly-owned subsidiary, Stadsrivier Vallei, has acquired Pine-Valley Farms from Sappi Southern Africa for R65.4 million.

Pine-Valley is contiguous to York’s Rhenosterhoek plantations and the Stadsrivier Vallei’s agriculture complex. It comprises 1,193 hectares of land containing standing timber plantations, bolstering York’s fibre security and dependency on external third-party lumber purchases.

The purchase includes 300 hectares of arable land for York to expand its avocado and soft citrus farming operations.