Brownstone Partners advised the management of Holzindustrie Torgau (“HIT”) regarding the sale of the company to NASDAQ listed Mercer International. The HIT facility is the world’s largest producer of EPAL pallets and Europe’s largest single-site pallet producer with an annual capacity of up to 17 million pallets. It can produce up to 410 MMfbm* of lumber and has the ability to generate up to 15 MW of electricity while generating zero waste by utilizing 100% of raw material consumed.

Learn more about HIT at www.hit-holz.de/ and about Mercer International at https://mercerint.com.

Brownstone Partners focuses on legal advice to management teams in the context of Buy-Out situations, M&A as well as corporate advice.