The rohatyn group completes acquisition of rayonier's 77% interest in matariki forestry group in new zealand for $710 million

New york & auckland, new zealand--(business wire)--the rohatyn group (“trg”), an investment firm specializing in emerging markets and real assets, today announced it has completed its $710 million acquisition of an entity that holds rayonier inc.'s 77% interest in a new zealand joint venture (matariki forestry group or “mfg”), which manages approximately 287,000 productive acres of timberland. mfg is the third largest forestry operator in new zealand, with five timberland locations spanning acr.
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