Mercer International Inc. announces the completion of its acquisition of Canadian business journal Holzindustrie Torgau (“HIT”).
NEW YORK, September 30, 2022 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) (“Mercer“,”Company“,”we“,”our) announced today that it has completed the previously announced acquisition of all shares of HIT’s parent company.
Chief Executive Officer Juan Carlos Bueno said: We would like to welcome all HIT employees to the Mercer team. ”
He continues: Additionally, we are excited about expanding our product mix with the introduction of pallets and biofuels and look forward to working with HIT’s strong customer base to strengthen our market position. ”
about us
Mercer International Inc. is a global forest products company with operations in Germany, the United States and Canada, with a combined annual capacity of 2.3 million tons of pulp, 550 million board feet of timber and 140,000 cubic meters of cross-laminate lumber. . For more information about the company, please visit his website at www.mercerint.com.
The foregoing contains forward-looking statements that involve known and unknown risks and uncertainties that could cause actual results in future periods to differ materially from projected results. “expect”, “predict”, “optimistic”, “plan”, “intend”, “designed”, “will”, “believe”, “estimate”, “may Words and variations such as “is”, “may”, etc. Such words and similar expressions are intended to identify such transfers–The statement you are looking for. Factors that could cause actual results to differ materially include: the highly cyclical nature of our business, raw material costs, levels of debt, competition, foreign exchange and interest rate fluctuations, use of derivatives, capital project spending, environmental regulations and compliance, production disruptions, market conditions, and the SEC; Other risk factors that may be mentioned in the report from time to time.
Approved by:
Jimmy SH Lee
executive chairman
(604) 684-1099
Juan Carlos Bueno
President and Chief Executive Officer
(604) 684-1099
contact
For more information, please contact:
| name: | David K. Ure |
| Title: | Senior Vice President Finance, CFO, Secretary |
| phone: | (604) 684-1099 |
| Email: | [email protected] |
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Mercer International Inc. announces the completion of its acquisition of Canadian business journal Holzindustrie Torgau (“HIT”).
Source link Mercer International Inc. announces the completion of its acquisition of Canadian business journal Holzindustrie Torgau (“HIT”).
