NEW YORK, NY, September 30, 2022 – Mercer International Inc. (Nasdaq: MERC) (“Mercer”, the “Company”, “we”, “our“) today announced that it has completed its previously-announced acquisition of all of the shares of the parent company of HIT.
Mr. Juan Carlos Bueno, Chief Executive Officer, stated: “We are very excited about the acquisition of HIT and the expansion of our solid wood operations in Germany. I want to welcome all of the HIT employees to the Mercer team.”
He continued: “We look forward to integrating HIT and furthering our goal to operate world class operations. Additionally, I am excited about the expansion of our product mix with the introduction of pallets and biofuels and look forward to working with HIT’s strong customer base and enhancing its market position.”