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% majority stake to Lenzing in April 2010.
Since 2010 Lenzing has been restructuring the Biocel Paskov facility to become a "swing capacity" producer of pulp, involving total investments of about EUR 100
Since 2010 Lenzing has been restructuring the Biocel Paskov facility to become a "swing capacity" producer of pulp, involving total investments of about EUR 100
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