Acquiring Company
Suzano SA
Acquired Company
Lenzing AG
Sao Paulo
LenzingManufacturingFood and BeverageAgriculture and FarmingManufacturingDescription
Suzano, the world's largest producer of pulp, has successfully completed the acquisition of a 15% stake in Lenzing AG, the foremost global supplier of sustainable high-quality cellulosic fibers. This strategic partnership aims to enhance Suzano's expertise in the textile market and strengthen Lenzing's competitive position through sustainable wood-based solutions.
Quick answer
Suzano SA is acquiring Lenzing AG, announced August 30, 2024. Suzano SA is based in Sao Paulo, Sao Paulo, Brazil.
- How much did Suzano SA pay for Lenzing AG?
- The deal value was not disclosed.
- What does Suzano SA do?
- Suzano SA is a leading Brazilian pulp and paper company, specializing in the production of paper and packaging products.
- Where are Suzano SA and Lenzing AG based?
- Suzano SA is based in Sao Paulo, Sao Paulo, Brazil. Lenzing AG is based in Lenzing, Oberösterreich, Austria.
- Who are the decision-makers at Suzano SA?
- Fundz holds 2 contacts at Suzano SA. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Suzano SA, and when
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Frequently asked
Who acquired Lenzing AG?
Lenzing AG was acquired by Suzano SA, based in Sao Paulo. The deal was reported on August 31, 2024. Suzano SA is a leading Brazilian pulp and paper company, specializing in the production of paper and packaging products. The company focuses on sustainable practices by harvesting eucalyptus for its raw materials. Suzano SA is privately held and operates in Manufacturing.
When did Suzano SA acquire Lenzing AG?
Suzano SA's acquisition of Lenzing AG was reported on August 31, 2024. Suzano, the world's largest producer of pulp, has successfully completed the acquisition of a 15% stake in Lenzing AG, the foremost global supplier of sustainable high-quality cellulosic fibers. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lenzing AG do?
Lenzing AG is a leading global company in the field of wood-based cellulosic fibers and other innovative solutions. The company focuses on creating sustainable and high-quality products for various industries. It is privately held, operating in Manufacturing, and is based in Lenzing.
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