# 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.

- Type: Acquisition
- Announced: 2024-06-12
- Where: Austria
- Value: $250.0M (230.0M EUR)
- Status: announced
- Products: regenerated cellulose fibers
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Suzano](https://endata.com/companies/4145.md) (acquirer)
- [B&C Group](https://endata.com/companies/7985.md) (investor)
- [B&C Group](https://endata.com/companies/7985.md) (partner)
- [Lenzing AG](https://endata.com/companies/20683.md) (target)

## Sources

- [lenzing.com](https://www.lenzing.com/newsroom/news-events/lenzing-welcomes-new-core-shareholder-suzano-s-a/), 2024-06-12: "For us, the constellation of the two strong core shareholders B&C Group and Suzano S/A is definitely a win."
- [pulpapernews.com](https://www.pulpapernews.com/20240613/15786/suzano-acquires-eur-230m-stake-lenzing), 2024-06-13: "Lenzing is already a leading global supplier of premium cellulosic fibres for the textile and non-wovens industry and we recognize opportunities exist for further growth."
- [nonwovensnews.com](https://www.nonwovensnews.com/2024/06/13/suzano-acquires-lenzing-stake/), 2024-06-13: "Suzano, the world's largest eucalyptus pulp producer, has struck a deal with Lenzing majority shareholder B&C Group to acquire a 15% stake."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.