BRUSSELS, September 5, 2024-

Brazil’s Suzano, the world’s largest pulp producer, has completed the acquisition of a 15% stake in Lenzing AG, a Vienna-listed global supplier of cellulosic fibers for the textile and nonwovens industry, from B&C Group.

As initially announced in June, the transaction is valued at €230 million ($255 million). Regulatory approval for the deal was granted without restrictions, Suzano said.

Nonwovens Markets subscribers - click here to read the full article.

Not a subscriber?

Try Nonwovens Markets free!