Mercer acquires German HIT Torgau for EUR 270 million

Mercer acquires German HIT Torgau for EUR 270 million
  HIT Torgau owns and operates an integrated timber processing facility with wood pallet, lumber, biofuel and energy production.  Consideration of €270 million (approx. $275.4 million), inclusive of forecasted net working capital of approximately €43 million (approx. $43.9 million).    HIT is the world’s largest producer of EPAL wood pallets used for shipping and, in 2021, sold 18 million transport pallets of all kinds and over 1 million cubic meters of traditional lumber products. Sawmill residuals are used to produce biofuels in the form of wood pellets and briquettes. Hit has ...

Register for unlimited access

We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!
(approximately $22.8, Paypal exchange rate)
Checkout Options
Yearly subscription - 249€/12 months
password strength indicator
Additional Info

We Accept PayPal
Billing Address