Mercer International Inc. To Acquire Holzindustrie Torgau ("Hit") Significantly Expanding Its Solid Wood Operations
Mercer International Inc. To Acquire Holzindustrie Torgau ("Hit") Significantly Expanding Its Solid Wood Operations
07/22/22, 2:48 PM
Location
new york
Mercer International Inc. (Nasdaq: MERC) ("Mercer", the "Company", "we", "our") today announced that it has entered into an agreement to acquire all of the outstanding shares of the parent company of HIT for consideration of €270 million, inclusive of forecasted net working capital of approximately €43 million (the "Transaction").