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Lenzing Expands into Czech Republic

Published: October 3, 2012; 16:24 · (Vindobona)

The Austrian fiber producer Now Owns 100% Stake in Pulp Producer Biocel Paskov.

Lenzing Expands into Czech Republic / Picture: © Lenzing

Lenzing AG, listed on the benchmark index ATX of the Vienna Stock Exchange and global market leader for man-made cellulose fibers, has now acquired a 100% shareholding of the Czech pulp producer Biocel Paskov A.S. Up until now Lenzing has held a 75% stake in the company. The seller of the remaining 25% of the shares is the Austrian Heinzel Group, which had already disposed of its 75%…

This article includes a total of 341 words.

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