the company resulting from the merger of Suzano Pulp & Paper and
Fibria, starts operating today. The company is born already the
world’s leading producer of eucalyptus pulp and one of Latin
America’s largest paper manufacturers. The merger, which was
announced in March 2018, was submitted for approval to all Brazilian
and international regulatory agencies. The last phase of the
transaction was concluded today, when Suzano Pulp & Paper paid R$
27.8 billion to Fibria’s shareholders, who in turn became
shareholders in Suzano, the company’s new trade name.
have successfully realized a dream. The journey on which we now
embark is driven by the aspiration to play a leading role in the
advancement of society, to be a reference in the sustainable use of
renewable resources and, consequently, to help build a better world,
today and tomorrow”, said Walter Schalka, CEO of Suzano.
company will have annual production capacity of 11 million tons of
market pulp and 1.4 million tons of paper. Suzano’s competitiveness
can be measured by its global footprint, with sales to over 80
countries and annual exports of R$ 26 billion, as well as by the
scale of its operations, with 11 plants in Brazil and approximately
37,000 direct and indirect employees.
process to integrate the two companies, it is fundamental that the
new company combine the best operating practices with motivated
people who transform, create and share value and that it also engage
all other stakeholders, including employees, clients and
will combine technologies with an entrepreneurial spirit to go
beyond, which will enable us to make a difference in society by
positively impacting local communities and the billions of people
around the world who use products made from our pulp every day”,
also believes that Innovation and Sustainability go hand in hand,
with the combination of technology, entrepreneurship and responsible
agriculture continuing to ensure its growth and perpetuity.
merger’s latest step was concluded today, which is the result of a
strategic effort made over the course of 2018. The agreement was
approved by the antitrust authorities in the United States (May 31),
China (Aug. 31), Turkey (Sept. 6), Europe (Nov. 29) and Brazil (CADE
on Nov. 11 and National Water Transportation Agency (ANTAQ) on Nov.
the steps required on the stock market were successfully concluded.
In December 2018, the company started trading American Depositary
Shares (ADSs) on the New York Stock Exchange (NYSE). Listing on the
NYSE boosts liquidity and improves visibility, while increasing the
value of the company abroad. Now, with the conclusion of the merger,
Suzano has combined its shares with Fibria’s, and the new shares
are trading under the symbol “SUZ” on the São Paulo Stock
Exchange (B3) and on the NYSE.
are excited about the transformations that Suzano is undergoing and
take this opportunity to reinforce our commitment to continue
contributing to the development of Brazil and to promoting education,
culture, health and the well-being of people,” said Schalka.