PF Olsen and Forest360 to mergeFriday 19 Dec 2025
Combining decades of experience, complementary services and deep regional roots, the merger will make for a stronger, more resilient business for forestry clients across New Zealand and Australia. Together, the group will manage approximately 480,000 hectares of forest and support more than 1000 clients, from major institutional investors to family-run businesses and private landowners. The merged group will be guided by shared values: a commitment to trusted relationships, technical excellence, environmental stewardship and supporting the long-term productivity of New Zealand and Australian forests. These principles will underpin a platform focused on sustainable forestry solutions designed to help landowners realise the full potential and value of their land. Existing executives will lead the merged entity, with Forest360’s Managing Director Dan Gaddum being appointed Group CEO, PF Olsen’s CEO Ross Larcombe appointed Group Chief Commercial Officer and Forest360’s Marcus Musson appointed Group Chief Operating Officer. Forest360 Managing Director Dan Gaddum says: “We are looking forward to partnering with the experienced teams at PF Olsen. These businesses are about people and by combining our skills and services, we can better service clients across the entire forest management value chain - from seed orchards and nurseries through to harvest management, forest management, and consulting services. "Marcus and I are both excited to be part of the leadership team for the combined group and continue to pursue our joint ambition of being the management provider of choice for forest owners across NZ and Australia, whether they be large institutional owners or farm foresters.” PF Olsen CEO Ross Larcombe says the merger will combine experienced and respected teams into one single purpose: “We are a trusted provider to our clients, having provided forestry services in Australia and New Zealand for over 50 years. We are excited to combine forces with the team at Forest360 and establish a more resilient business with diversified services, a larger scale footprint and shared customer-led values.” Staff will transition into the merged organisation. The combined group will continue to operate from all current locations across New Zealand and Australia, ensuring continuity for clients and stability for teams. The integration will be backed by an ongoing focus on safety, professional development and maintaining strong local relationships in every community. The merger is expected to be completed by February next year. Source: PF Olsen  | ||
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