“I am pleased about the start of the shareholder partnership with Suzano for Lenzing today. With Suzano we were able to gain a financially strong and strategically oriented core shareholder with leading raw material expertise in pulp for Lenzing. The partnership with Suzano will be strongly focused on Lenzing’s competitiveness, with the aim of making the company more profitable and successful in the long term. I am convinced that the shareholder partnership between B&C and Suzano puts Lenzing in a better position to assert itself in a globally competitive market and in a difficult macroeconomic environment.”