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Sumitomo Forestry to Acquire Tri Pointe Homes for $4.5B

2/14/2026

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Story summary
  • Sumitomo Forestry Co., Ltd. of Japan announced it will acquire Tri Pointe Homes, a U.S. homebuilder, for $47.00 per share in cash, valuing the company at about $4.5 billion.
  • The offer includes a 29% premium to Tri Pointe Homes' closing price from the previous Thursday.
  • The companies confirmed the details in a joint statement on February 13, 2026.