M&A
confidence high
sentiment neutral
materiality 0.50
Mercer files audited FY2021 financials of acquired Wood Holdco; revenue €227M, net income €27.4M
MERCER INTERNATIONAL INC.
- Audited financials of Wood Holdco GmbH for FY2021 show revenue of €227M and net income of €27.4M.
- Total assets as of Dec 31, 2021 were €208.5M; equity €32.1M; liabilities €145.1M.
- Auditor issued qualified opinion due to lack of comparative prior-year figures per German GAAP.
- Pro forma financials as of June 30, 2022 filed; reflect combined operations post-acquisition.
- Acquisition of HIT (parent Wood Holdco) closed Sept 30, 2022; this 8-K/A provides required historical statements.