Canada’s Mercer International to buy German biomass plant
Canadian pulp manufacturer Mercer International has agreed to buy one of Germany’s largest sawmills and a biomass power plant. Mercer International will acquire the Friesau facility for around CAN$55.1 million (€39.7m) plus defined working capital of approximately $9 million. Mercer International did not disclose the owner of the facility in its press statement. According to…