Mercer to acquire Australia-based plantation owner

Canadian forest products company Mercer International Inc. has entered into an agreement to acquire Australia-based plantation owner Santanol Group, the company said. Santanol owns and leases approximately 2,500 hectares of existing Indian sandalwood plantations and a processing and extraction plant in North West Australia. The proposed acquisition will expand the company's operations to include plantation harvesting and the production of solid wood chemical extractives.

Share |



Copyright 2004-2018 © Innovatek Ltd. All rights reserved.