PTP

Plantation Timber Products Group (PTP) is China’s largest integrated manufacturer and distributor of MDF and value added products, including laminate flooring and direct printing panels. PTP produces high-quality MDF based exclusively on fast-growing plantation fiber. Carter Holt Harvey acquired control of the PTP Group with an acquisition price of USD 134 million. Shishou Forestry Bureau and Leshan Forestry Bureau, long-term suppliers of plantation timber to PTP, will continue to have economic interest in the operating companies.

Pöyry Capital acted as a joint Financial Advisor with Goldman Sachs to PTP Group and its private equity owners, including JP Morgan Partners Asia.