Suzano acquires 15% stake in Lenzing AG from B&C Group

Suzano S.A. acquired a 15% stake in Lenzing AG from B&C Group for EUR 230 million (EUR 39.70 per share), effective August 30, 2024. B&C and Suzano formed a shareholder syndicate holding 52.25% of Lenzing, with B&C as controlling partner.

“Suzano now holds a 15 percent stake in Lenzing, a leading global supplier of sustainable premium cellulosic fibres.”bcgruppe.at

• 1 source
• bcgruppe.atLenzing AG: Long-term partnership between B&C Group and Suzano begins - B&C-GruppeadminAug 30, 2024

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