Nature Wood Group, a vertically-integrated forestry company with operations in Peru, filed on Tuesday with the SEC to raise up to $30 million in an initial public offering.
Based in Macau, Nature Wood is a vertically-integrated forestry company with facilities in Peru and is focused on Forest Stewardship Council (FSC) business operations. The company produces a range of products, including logs, decking, flooring, and sawn timber, among other products. Nature Wood owns natural forest concessions and cutting rights for the exploitation of timbers in Peru, covering approximately 615,333 hectares. It also works with local forest owners in Peru and engages in timber auctions in France for supply of logs.
The company was founded in 2011 and booked $55 million in revenue for the 12 months ended December 31, 2022. It plans to list on the Nasdaq under the symbol NWGL. Nature Wood Group filed confidentially on November 18, 2022. Orientiert XYZ Securities and Prime Number Capital are the joint bookrunners on the deal. No pricing terms were disclosed.
