Carter Holt Harvey has signalled interest in buying Tenon’s structural sawmills.
The assets, which produce framing timber, were valued at between NZ$123-140m in an independent report conducted when Tenon’s largest shareholder Rubicon bid for control of the company.
They include the Kawerau and Rainbow Mountain structural sawmills and the Mt Maunganui plywood mill, the Kawerau remanufacturing plant and Ramsey roundwood plant.
Tenon insists there are no plans to sell the assets.
