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August 20, 2020

Binderholz increases the offer for Klausner Lumber One

Binderholz increases the offer for Klausner Lumber One
The Austrian Binderholz Group has submitted an offer for US $ 30 million plus liabilities via Timber One Acquisition Holdings for the assets of the Klausner Lumber One sawmill.     The competent court announced yesterday that Binderholz will be designated as the baseline bidder for tomorrow's auction.    In addition to Binderholz, Mayr-Melnhof Holz Holding is also involved in the bidding process, in which Mercer International, with its offer of August 3 for US $ 26 million plus liabilities, was initially named by the court as the "Stalking Horse Bidder ...

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