M&A Deal Summary

Mercer Acquires HIT Holz

On July 22, 2022, Mercer acquired forest products company HIT Holz for 270M EUR

Acquisition Highlights
  • This is Mercer’s 1st transaction in the Forest Products sector.
  • This is Mercer’s 0th largest (disclosed) transaction.
  • This is Mercer’s 1st transaction in Germany.

M&A Deal Summary

Date 2022-07-22
Target HIT Holz
Sector Forest Products
Buyer(s) Mercer
Deal Type Add-on Acquisition
Deal Value 270M EUR

Target

HIT Holz

Torgau, Germany
HIT Holz is a manufacturer of Euro pallets with a production site in Torgau, more than 1 million solid cubic meters of wood are processed into pallets and other wood products (including sawn timber, pellets, and briquettes) every year. The plant has an annual production and drying capacity of 18 million transport pallets. The integrated production concept, which uses 100% of the raw material wood, is unique in the packaging industry. All stages of value creation - from the procurement of the raw wood to the production and delivery of the pallets and other wood products - take place on-site in Torgau. It process the residues from the manufacturing process, such as wood bark, wood chips or sawdust, into the marketable end or intermediate products. HIT Holz was formed in 1999 and is based in Torgau, Germany.

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Buyer(S) 1

Buyer

Mercer

Vancouver, British Columbia, Canada

Category Company
Founded 1968
Sector Forest Products
Employees3,508
Revenue 2.0B USD (2023)
DESCRIPTION

Mercer is a producer of NBSK and NBHK market pulp and a leader in the forestry product industry. Its large-scale, modern mills produce NBSK and NBHK pulp and biomass-based green energy and bio-chemicals. Mercer was founded in 1968 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector (Forest Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2022) 1 of 1