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Report: Court Approves Sales of C&C Wood Products & Westside Logging in Quesnel


According to local news reports, C&C Wood Products Ltd. (HQ: Quesnel, BC), will have a new owner within the next week.

The Williams Lake Tribune reports that on “Wednesday, July 29, B.C. Supreme Court approved the deal PricewaterhouseCoopers made earlier this month with a company named Quesnel Investment Corporation.”

It was also noted that the “non-licence asset purchase agreement is expected to close within five business days and the forest and timber licences purchase agreement is expected to close by October 31, 2020.”

Further details can be read here.