---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-203721"
form_type: "8-K"
ticker: "MERC"
cik: "0001333274"
company_name: "MERCER INTERNATIONAL INC."
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:23:11.966478+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mercer acquires HIT for €270M, expanding solid wood operations in Germany

## Summary
- Purchase price €270M (~$275.4M) includes €43M net working capital; transaction on cash-free, debt-free basis.
- HIT is world's largest EPAL pallet producer; Torgau facility processes up to 410 MMfbm lumber, generates 15 MW electricity.
- FY2021: net revenues €227M, net income €31M, Adj EBITDA €68M; Q1 2022: revenues €72M, net income €12M, Adj EBITDA €22M.
- Expected synergies ~$16M/year within 6-12 months; transaction immediately accretive; expected close Q3/early Q4 2022.
- Mercer to become largest German pallet producer; combined lumber capacity ~960 MMfbm; financing via cash and new €300M revolver.

## SEC filing metadata
- accession: 0001193125-22-203721
- form_type: 8-K
- ticker: MERC
- cik: 0001333274
- company_name: MERCER INTERNATIONAL INC.
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333274/000119312522203721/0001193125-22-203721-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333274/000119312522203721/d375568d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-203721
- JSON: https://secwatch.observer/filing/0001193125-22-203721.json
- Plain text: https://secwatch.observer/filing/0001193125-22-203721.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.