SUZ · Categories · M&A
SUZ - Mergers and acquisitions
Suzano S.A. (SUZ) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for SUZ
- Suzano Reports Operating Cash Generation of R$4.4 Billion in the Third Quarter of 2024Suzano, the world's largest pulp producer, announces its third quarter results for 2024 (3Q24) with operating cash generation reaching R$4.4 billion, up 132% on the same period last year. Adjusted EBITDA totaled R$6.5 billion, a 77% increase over 3Q23. Net revenue reached R$12.3 billion, the highest quarterly performance since 2022, and a rise of 37% on the same quarter last year. The strong third quarter results were mainly driven by increased sales volume and higher average selling prices of exported products, with a favorable contribution from exchange rates. Pulp sales totaled 2.6 million tonnes, a rise of 6% on the same period last year. Paper sales reached 360,000 tonnes in the third
- Suzano reports Adjusted EBITDA of R$6.3 billion in the second quarter of 2024Suzano, the world's largest pulp producer, announces its financial results for the second quarter of 2024 (2Q24). Adjusted EBITDA totaled R$6.3 billion, a 60% increase on 2Q23, reflecting higher pulp prices, favorable FX rates, increased sales volume, and reduced production costs compared to the same period last year. Operating cash generation totaled R$4.5 billion, the strongest quarterly result since 1Q23, and net revenue came to R$11.5 billion, the strongest quarterly result since 4Q22. Pulp sales reached 2.5 million tonnes, while paper sales totaled 333,000 tonnes. The cash cost of pulp production, excluding downtime, was R$828 per tonne. Suzano reported a net loss of R$3.8 billion
- Suzano Agrees US$110 Million Purchase of Two US Industrial Facilities from Pactiv EvergreenSuzano, the world's largest pulp producer, has announced the acquisition of industrial assets from Pactiv Evergreen in the United States. This will expand the company's operations in North America and marks its entrance into the consumer and food service packaging segments in the region. The transaction is valued at US$110 million and includes two mills in Pine Bluff, Arkansas, and Waynesville, North Carolina, that manufacture liquid packaging board and cupstock. Subject to final regulatory approval expected later this year, these assets will add approximately 420,000 metric tonnes annually of integrated paperboard to Suzano's production capacity. Alongside the acquisition, Suzano has sig
- Lenzing AG: B&C Group and Suzano Enter Into Long-term PartnershipNew York- and São Paulo-listed Suzano S.A. acquires a 15 percent stake in Lenzing AG from B&C Group B&C Group ("B&C") and Suzano S.A. ("Suzano") today announce that Suzano has entered into a long-term partnership with B&C with respect to its majority stake in Lenzing AG ("Lenzing" or "the company"), the Vienna-listed leading global supplier of cellulosic fibres for the textile and non-wovens industry. Under the terms of the agreement, Suzano will acquire a 15 percent stake in Lenzing from B&C and the two shareholders will form a long-term syndicate which will hold the majority stake (52.25 percent) in the company. Subject to the closing of the transaction, B&C will hold a 37.25 percent
- Suzano Reports Record Operating Cash Generation of R$22.6 billion in 2022Suzano, the world's largest hardwood pulp producer, announces its financial statements for the full fiscal year of 2022. FY22 Net revenues of R$49.8 billion, a 22% increase on FY21 FY22 Adjusted EBTIDA of R$28.2 billion, a 20% increase on FY21 FY22 Operating cash generation of R$22.6 billion, a 20% increase on FY21 FY22 Pulp sales totalled 10.6 million tons, in line with FY21 FY22 Paper sales totalled 1.3 million tons, a 1% increase on FY21 sales volume FY22 Operating costs (excluding downtime) were R$855 per ton, a 28% increase on FY21 2022's strong results reflect buoyant global pulp prices and pulp sales volume, which offset significant pressures from production costs and g
- Suzano reports record Adjusted EBITDA of R$8.6 billion in the third quarter of 2022Results driven by higher global pulp prices, increasing sales volume and a favourable exchange rate Suzano, the world's largest hardwood pulp producer, announces record quarterly results for the third quarter of 2022 (3Q22). Net revenues R$14.2 billion, an 32% increase on 3Q21 Adjusted EBITDA of $8.6 billion, a 36% increase on 3Q21 Operating cash generation of R$7.2 billion, an 37% increase on 3Q21 Net income of R$5.4 billion versus a net loss of R$959 million in 3Q21 Strong pulp volumes during the quarter, while paper sales declined marginally Pulp sales totalled 2.8 million tons, a 5% increase on 3Q21 Paper sales totalled 331,000 tons, a 2% decline on 3Q21 Operating cos