PF Olsen, Forestry360 to merge, Adamantem takes a stake

(Image: NZME)

Fri, 12 Dec 2025

New Zealand forestry management companies PF Olsen and Forest360 are to merge, with Sydney-based private equity firm Adamantem Capital coming in as an investment partner, the parties said.Adamantem will come in alongside existing PF Olsen cornerstone shareholder Quayside Holdings to support the group’s next stage of growth, they said.The merged group would make a stronger, more resilient business for forestry clients across New Zealand and Australia.Once the $60 million to $70m merger is complete, Adamantem will own around half, Quayside...

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