Suzano Papel e Celulose SA (SUZ) has released an update.
Suzano S.A., a major player in the paper and pulp industry, has announced the acquisition of Pactiv Evergreen Inc.’s integrated paperboard production assets in the U.S. for $110 million. The strategic move will enable Suzano to enter the North American market, leveraging competitive assets and geographic positioning to enhance profitability. The transaction, which is expected to be non-material to Suzano’s financial leverage, underscores the company’s commitment to disciplined capital allocation and value chain advancement.
For further insights into SUZ stock, check out TipRanks’ Stock Analysis page.
