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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
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew 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").

Company Info

Company
Mercer International
Location
New York, New York, United States
Company info
Mercer International Inc. is a global forest products company with operations in Germany, the USA and Canada, dedicated to producing pulp, lumber, timber, glulam, pallets, and biofuels.

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