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November 17, 2020
Mayr-Melnhof offers US $ 30 million for Klausner Lumber Two; other six interested parties
Mayr-Melnhof Holz intends to submit a “stalking horse bid” for Klausner Lumber Two, Enfield / North Carolina. This amounts to US $ 30 million (€ 25.5 million). According to Mayr-Melnhof Holz CEO Richard Stralz, the “Stalking Horse Bid” hearing will take place on November 18 at the bankruptcy court. It still has to be accepted by the competent judge. If everything goes according to the plan, the auction will take place in December. The bidding process is being carried out on behalf of Klausner Lumber Two by Cypress, an investment ...
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