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Sumitomo Forestry completes $47/share acquisition of Tri Pointe Homes, becoming a top 5 U.S. homebuilder.

Company Fundamentals
14 May 2026
Globe Newswire
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Bullish
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Sumitomo Forestry has finalized its acquisition of Tri Pointe Homes for $47 per share, making Tri Pointe a wholly owned subsidiary and delisting it from the NYSE. This deal expands Sumitomo Forestry's U.S. homebuilding presence to 18 states, delivering about 15,000 homes annually and positioning it as the 5th largest homebuilder in the U.S. Both companies will combine expertise to offer high-quality homes and pursue sustainable growth. The acquisition supports Sumitomo Forestry's Mission TREEING 2030 goal to supply 23,000 homes annually in the U.S. by 2030.

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