About Canfor
Canfor is a company based in Vancouver (Canada) founded in 1938.. The company has 6,630 employees as of December 31, 2024. Canfor has completed 5 acquisitions, including Anthony Forest Products Company, Elliott Sawmilling and New South. Canfor offers products and services including Structural Lumber and Pulp and Paper.
- Headquarter Vancouver, Canada
- Employees 6630 as on 31 Dec, 2024
- Stage Public
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Sectors
Natural Resources
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Canfor Corporation
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Annual Revenue
$3.65 B (USD)-3.2as on Dec 31, 2024
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Net Profit
$-464.97 M (USD)-105.15as on Dec 31, 2024
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EBITDA
$91.88 M (USD)175.42as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
6630
as on Dec 31, 2024
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Investments & Acquisitions
Anthony Forest Products Company
& 4 more
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IPO & Listings of Canfor
Canfor is a publicly listed company on the TSX with ticker symbol CFP in Canada, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Canfor
Canfor offers a comprehensive portfolio of products and services, including Structural Lumber and Pulp and Paper. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Structural lumber is sourced from regions like Western Canada and Sweden for use in construction applications.
Pulp and paper products are crafted from premium fibers and utilized for reinforcement and flexibility in various applications.
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Human Resources and Administration
22 people
Leadership Team
14 people
Software Development Team
14 people
Sales and Marketing
11 people
Board Team
10 people
Data Analysis and Operations Team
8 people
Procurement Team
6 people
Operations Team
6 people
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Funding Insights of Canfor
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2017 | Amount | Grant - Canfor | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Canfor
Canfor has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sustainable Development Technology Canada. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Canfor
Canfor has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Anthony Forest Products Company, Elliott Sawmilling and New South. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Wood products are manufactured and processed by New South.
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2016 | ||||
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Sustainable wood products and forest services are provided by Vida.
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1996 | ||||
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Children's apparel, footwear, and accessories are retailed by Vida chain.
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1973 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Canfor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Canfor Comparisons
Competitors of Canfor
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Canfor
Frequently Asked Questions about Canfor
When was Canfor founded?
Canfor was founded in 1938 and raised its 1st funding round 79 years after it was founded.
Where is Canfor located?
Canfor is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
How many employees does Canfor have?
As of Dec 31, 2024, the latest employee count at Canfor is 6,630.
What is the annual revenue of Canfor?
Annual revenue of Canfor is $3.65B as on Dec 31, 2024.
What does Canfor do?
Established in 1938 in Vancouver, Canada, sustainable lumber, pulp, paper, and bioproducts are produced by Canfor in the forestry and manufacturing sector. Operations focus on structural lumber, boards, paneling, engineered wood products, and related materials sourced from managed forests. Wood solutions are supplied for construction, packaging, and industrial uses. Environmental impact is reduced through integrated sustainable practices, while local community programs receive support.
What products or services does Canfor offer?
Canfor offers Structural Lumber and Pulp and Paper.
Is Canfor publicly traded?
Yes, Canfor is publicly traded on TSX under the ticker symbol CFP.
How many acquisitions has Canfor made?
Canfor has made 5 acquisitions, including Anthony Forest Products Company, Elliott Sawmilling, and New South.
Who are Canfor's investors?
Canfor has 1 investor. Key investors include Sustainable Development Technology Canada.
What is Canfor's ticker symbol?
The ticker symbol of Canfor is CFP on TSX.