Pulp giant completes Lenzing deal

Sep 2, 2024

“Suzano, the world’s largest producer of cellulosic pulp has completed its acquisition of a 15 percent stake in Lenzing from the Austrian textile fiber supplier’s majority shareholder. With an option to double its stake until the end of 2028, the Brazil-based pulp supplier said the investment would allow it to improve and scale its market access and move it closer to end consumers.”