IHS Chemical Week

People & Business :: M&A

Lenzing sells majority stake in Lenzing Plastics

2:17 AM MDT | April 18, 2013 | Natasha Alperowicz

Lenzing (Lenzing, Austria) says it has agreed to sell an 85% stake in Lenzing Plastics (Lenzing) to an Austrian consortium led by Invest AG, the investment company of the Raiffeisen Banking Group Upper Austria (Linz). The valuation is close to eight times Ebitda multiples of the 2012 financial year. The divestment followed a competitive bidding process and forms part of Lenzing’s plans to concentrate on its fibers business.   Lenzing Plastics in 2012 reported sales of €109.4 million ($142.8 million) and Ebitda of €11.2 million. The...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa