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Machinery & Equipment

Mercer International Inc, the global pulp company, announced on 12 April that it has completed, through its wholly owned subsidiary Mercer Timber Products GmbH, its previously announced agreement to acquire substantially all of the assets of one of Germanys largest sawmills and a bio-mass power plant, near Friesau, Germany, for approximately US$55.1 mn plus defined working capital of approximately US$6.5 mn

Last week, Faymonville, the manufacturer of semi-trailers for the special haulage industry has reached an agreement to acquire 100 per cent of the shares of Industrie Cometto S.p.A

Case IH Agriculture, a Brand of CNH Industrial, has announced its intention to further renew a long term distribution contract with NORTHMEC, a division of the Capital Equipment Group (CEG) of Invicta Holdings Limited

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