Lenzing Welcomes New Core Shareholder Suzano S/A

The Lenzing Group announced a new partnership with Brazilian pulp producer Suzano S/A. Suzano will acquire a 15 percent stake in Lenzing AG from B&C Group, Lenzing’s main shareholder. Suzano, based in Sao Paolo, is the world's largest pulp producer with annual sales exceeding EUR 7 billion.

Lenzing’s management expressed optimism about this new development. Stephan Sielaff, CEO of the Lenzing Group, stated that both companies have established a strong mutual appreciation in recent years. Sielaff believes Suzano's expertise in pulp production and operational excellence will significantly contribute to Lenzing's strategic goals.

The partnership between B&C Group and Suzano positions Lenzing to benefit from the strengths of two major shareholders. This development is expected to bolster Lenzing’s position in the global pulp market and facilitate the successful implementation of its strategic initiatives.