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Overview
Acadian Timber is a Canadian company that operates as a timberland investment management organization (TIMO). It is one of the largest timberland owners in the Atlantic region of Canada, with over 2 million acres of land under management. The company was founded in 1829 and is headquartered in Vancouver, British Columbia. Acadian Timber focuses on the sustainable management of renewable natural resources, primarily timber. Its forest management activities include planting, harvesting, and regeneration, as well as providing environmental and recreational services. The company also operates wood product mills in New Brunswick and Maine, which produce softwood and hardwood lumber, as well as hardwood flooring. The company has a strong commitment to sustainable forestry practices and is certified by internationally recognized organizations such as the Forest Stewardship Council (FSC) and the Sustainable Forestry Initiative (SFI). This certification ensures that the company's timberlands are managed in a responsible and environmentally friendly manner. Acadian Timber is publicly traded on the Toronto Stock Exchange under the symbol ADN. As of 2021, the company's largest shareholder is Brookfield Asset Management, a global alternative asset management company. Through its sustainable forestry practices and strong financial performance, Acadian Timber aims to provide long-term value to its shareholders while also promoting the health and diversity of the forests under its management.
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