Mercer to take over Holzindustrie Torgau at a purchase price of €270m

HIT takeover will entail major enlargement of "Timber” division

By taking over Holzindustrie Torgau GmbH & Co. KG (HIT) of Torgau, Germany, as agreed by contract on 22 July 2022, the Mercer group of Vancouver in British Columbia, Canada, wants to significantly extend its activities in the sawnwood and wood products segments. €270m, roughly equivalent to US$275.4m, including ...

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