August 19, 2025
Large scale partnership advancing long term timberland stewardship and marking one of the largest timberland transactions ever in Latin America
São Paulo, Brazil – 19 August 2025 — The BTG Pactual Timberland Investment Group (BTG Pactual TIG), one of the world’s largest timberland investment managers, has announced the formation of a large, consolidated timberland platform in southern Brazil. The transaction will significantly expand BTG Pactual TIG’s presence in the state of Paraná, where it has operated since 2017.
The ~US$ 700 million investment comprises ~100,000 gross hectares of sustainably managed mature timberland assets, consisting primarily of pine and eucalyptus forests. The transaction was structured in partnership with Klabin S.A. (Klabin), Brazil’s largest producer and exporter of packaging paper and a leading manufacturer of paperboard packaging, and British Columbia Investment Management Corporation (BCI), one of Canada’s largest institutional investors.
“This transaction marks an important step in our long-term strategy to invest in sustainably managed timberland in Brazil,” said Gerrity Lansing, Head of BTG Pactual TIG. “It expands our presence in Paraná—a strategically important region for forestry in the country—and reflects our commitment to building scalable platforms alongside long-term institutional partners like BCI and strategic partners like Klabin, whose deep industry knowledge adds meaningful value.”
Marcos Paulo Conde Ivo, Chief Financial Officer of Klabin said: “Collaborating with BTG Pactual TIG and BCI on this investment reflects Klabin’s ongoing engagement to sustainable forestry and responsible stewardship and reinforces Klabin’s commitment to disciplined capital allocation and deleveraging, consolidating the creation of sustainable value for all its stakeholders”
“We are pleased to expand our partnership with BTG Pactual TIG through this strategic investment,” added Lincoln Webb, Executive Vice President & Global Head of Infrastructure & Renewable Resources at BCI. “This transaction reflects the opportunity we see in high-quality, sustainably managed timberland assets. Working alongside experienced partners such as TIG and Klabin supports our objective of delivering long-term, risk-adjusted returns for our clients.”
The investment will align with Klabin’s 2030 Agenda and leverage TIG’s sustainability infrastructure and experience to sustainably manage the timberland assets in a manner that aims to generate both financial returns and positive environmental and social outcomes.
The transaction described in this press release is subject to standard precedent conditions, including approval by the relevant regulatory authority.
