For decades, Indufor has applied its expertise in forestry, financial services and environmental, social & governance (ESG), using an interdisciplinary approach to provide clients with comprehensive due diligence on investments and other projects.
Our clients include funds, major lenders, government organisations and public bodies, for whom we provide acquisition, vendor and lender due diligence throughout the forest industry and biomass value chains.
Information quality and innovative modelling are central to our due diligence methodology. Our experts test the robustness of underlying investment assumptions, building and evaluating financial models for specific geographies, jurisdictions, and economic factors, so that our clients can make the most informed decisions possible. Combining extensive data analysis and computational research with on-the-ground due diligence, we develop an understanding of each investment’s specific characteristics including revenue drivers, markets, infrastructure, management, exit options and risks, to verify asset descriptions and valuations.
Indufor relies on its global reach, depth of experience, broad network, research expertise and extensive information library to help clients quickly and accurately assess target projects.
Indufor also conducts “reverse due diligence,” providing independent asset assessment and third-party verification to clients that wish to divest assets. Such a “quality stamp” has secured favorable sale prices for clients.
Head of Forest Resources Consulting
Nigel Chandler, Head of Forest Resources Consulting, holds a Postgraduate Diploma in Finance (Massey University, New Zealand) and a Bachelor of Forestry Science degree from Canterbury University, New Zealand (1992).
Nigel Chandler’s expertise includes resource inventory and management, supply chain modeling and forest modeling, with the latter providing input to both tactical and strategic planning processes. Nigel has substantial experience in forest valuation, due diligence and resource assessments. He has been involved in projects in Oceania, Southeast Asia, South America and China, covering assessments and modeling of fast-growing plantation species and natural forests.
Managing Director of Indufor Asia Pacific
Bill Liley, Managing Director of Indufor Asia Pacific, holds a Bachelor of Forestry Science (Hons) degree from Canterbury University, New Zealand (1976).
Bill Liley’s expertise includes the assessment of forest quantity and condition and the projection of its wood supply capability and cash flows. These provide the primary elements of forest value estimation, which extends to include treatments of land cost, risk and cost of capital. He has undertaken projects in forest estate modeling and valuation in Oceania, Africa, South and Central America and China. He remains involved in the development of standards for forest valuation and is the Head of Forest Valuation for Indufor.
Senior Consultant, Forest Resources
André Neumann has a Bachelor of Forestry Science (Hons) from the University of Canterbury (1983) and a Post Graduate Diploma in Business from Massey University.
André’s experience in the forestry and wood products sector spans all aspects of the industry. He has expertise in due diligence teams, domestic and international log markets, sawmill benchmarking, forest resource management and modeling.
He has particular strengths in the sawmilling and panels sectors.
André has worked extensively in both New Zealand and Australia, as well as in Japan, Taiwan, China, the United States, Indonesia, Korea, Brazil, Uruguay, Malaysia (Sabah) and the Solomon Islands.
Jarno Seppälä, Head of Forest Industry and Biosolutions Consulting, holds a master’s degree in forest products’ marketing (MSc For) from the University of Helsinki (2001). Mr. Seppälä completed his thesis at Oregon State University, Corvallis, USA, in 2000.
Jarno Seppälä has extensive international knowledge of the primary and secondary wood products as well as bioenergy industries in Europe, Russia and North America. He has been actively involved in and/or managed complete business plans and other strategy formulations, sector studies, raw material, supply chain and market analysis including detailed end-use segmentation and client identification. His responsibilities also include feasibility studies, investment analysis and evaluations as well as due diligence and M&A assessments. Mr. Seppälä has experience in both the private and public sectors – from small local operators to large multinational companies and organisations.
Mr Seppälä is fluent in Finnish and English.
Managing Director Asia Pacific (AU)
Andrew Morton, Managing Director of Indufor Asia Pacific (Australia), holds a Bachelor of Forestry Science (Hons) degree from the Australian National University and a Masters of Business Administration from the University of Western Australia.
Andrew has over 25 years’ experience in forest and plantation activities in temperate and tropical environments and provides specialist advice in management structuring for forest and plantation managers, investors and owners, and in developing sustainable forest management systems.
Andrew has wide experience in policy and commercial assessment in the forests and wood products sector, advising governments, industrialists, investors and financiers. This includes expert roles in relation to legal proceedings in a range of jurisdictions and acting as arbitrator to forest sector disputes.
Head of NRM Team
Mr Selänniemi holds a master's degree (MSc) in forestry from the University of Helsinki (1997) and a bachelor's degree (BSc) in forestry from Tammisaari School of Forestry (1981). He has been working in commercial forestry in Finland and in international development cooperation assignments for over 30 years. He has a solid background in institutional development and smallholder/community forestry, especially in Africa. He also has a deep understanding of project cycle management, and has led several project planning missions and managed a number of long-term technical assistance projects in forestry. He is fluent in Swedish, Finnish and English.