Suzano takes 15% stake in Lenzing from B&C Group

Brazilian pulp producer Suzano S/A will acquire a 15% stake in Lenzing AG from B&C Group, becoming a core shareholder of the Lenzing Group, a supplier of regenerated cellulose fibers.

“For us, the constellation of the two strong core shareholders B&C Group and Suzano S/A is definitely a win.”lenzing.com

• 3 sources
• lenzing.comLenzing welcomes new core shareholder Suzano S/AJun 12, 2024
• pulpapernews.comSuzano acquires EUR 230m stake in Lenzing | PULPAPERnews.comSimon MatthisJun 13, 2024
• nonwovensnews.comSuzano acquires Lenzing stake | Nonwovens NewsHaydn DavisJun 13, 2024

Summarized from public sources; check the original articles before acting on it.