Mercer International announces acquisition of sawmill and bio-mass power plant
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