The suzano fibria merger agreement was announced on March 13, 2018, and is set to become the world`s largest pulp and paper company. The merger brings together two of Brazil`s largest pulp and paper manufacturers, Suzano Papel e Celulose and Fibria Celulose, forming a new company called Suzano S.A.
The merger is expected to generate significant cost savings, increase scale and efficiency, and create a more competitive company. The new company will have an annual production capacity of 11 million metric tons of pulp and 1.4 million metric tons of paper, with operations in Brazil, Europe, North America, and Asia.
The merger has been approved by the regulatory authorities in Brazil, the European Union, and China, and is expected to close in the second quarter of 2019. The new company will be headquartered in São Paulo, Brazil, and will have a market capitalization of around $22 billion.
The suzano fibria merger agreement is significant for the global pulp and paper industry, as it creates a major player in the market that is well positioned to take advantage of growing demand for sustainable and renewable paper products. The new company will also be able to invest in research and development to improve the sustainability and efficiency of its operations.
The merger is also expected to have a positive impact on the Brazilian economy, as the new company will be one of the country`s largest exporters, generating significant foreign exchange earnings. Additionally, the merger is expected to create new jobs and generate tax revenues for the Brazilian government.
Overall, the suzano fibria merger agreement is a significant development in the pulp and paper industry, creating a major player that is well positioned to compete in an increasingly globalized and competitive market. The merger is expected to generate significant benefits for both the new company and the Brazilian economy, and is likely to have a positive impact on the industry as a whole.