EQS-News: Lenzing AG to become majority owner of TreeToTextile AB and accelerates industrialization of new fibers

EQS-News: Lenzing AG / Key word(s): Strategic Company Decision
Lenzing AG to become majority owner of TreeToTextile AB and accelerates
industrialization of new fibers

02.02.2026 / 10:05 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Lenzing AG to become majority owner of TreeToTextile AB and accelerates
industrialization of new fibers

 

• Lenzing increases its stake and acquires a controlling majority in
TreeToTextile
• Strategic investment in a scalable, resource‑efficient fiber
technology
• Advancement of the demonstration plant and preparation of a
large‑scale industrial facility

 

Lenzing / Stockholm, February 02, 2026 – The Lenzing Group is taking
another strategic milestone by acquiring a controlling majority in the
Swedish innovation company TreeToTextile AB. This step strengthens
Lenzing’s position as a leading provider of sustainable, wood‑based
specialty fibers and expands its innovation pipeline with a highly
scalable, patent‑protected technology platform. The transaction is
executed through the issuance of new shares.

 

TreeToTextile represents the next major technological leap in cellulosic
fiber production – following the development of viscose in the early 20th
century and Lenzing’s own Lyocell technology in the 1990s. The process
offers a significantly improved sustainability profile, attractive cost
advantages, and broad applicability across textile and nonwoven markets.
With the majority acquisition, Lenzing underscores its commitment to
consistently advancing its premiumization strategy and further expanding
its leadership position in the global specialty fiber market.

 

“TreeToTextile is among the world’s most advanced next‑generation fiber
technologies and represents the most promising development on the market.
Since our initial investment in 2025, the collaboration between the
innovative TreeToTextile team and Lenzing’s fiber experts has enabled
significant technological progress. We are fully committed to the joint
scale‑up and commercialization. H&M Group, Inter IKEA Group, and Stora
Enso, will continue to support this path as minority shareholders,
contributing valuable market and consumer perspectives,” says Georg
Kasperkovitz, COO of Lenzing Group. LSCS Invest also reaffirms its
confidence in the joint technology platform through its long‑standing
commitment since the foundation of the company and continued role as a
shareholder.

 

“Innovation at industrial scale requires time, expertise, and strong
partnerships. Lenzing Group’s increased ownership is a clear endorsement
of our technology and our ambition to become a major player in the global
fiber market,” says Dr. Roxana Barbieru, CEO of TreeToTextile.

 

 

The transaction enables an accelerated scaling of the new technology.
Lenzing plans a significant increase in production output at the existing
demonstration plant in Nymölla, Sweden, as well as the preparation of the
first industrial‑scale facility. In addition, the company expects
operational synergies from an even closer collaboration.

 

 

Photo download:

[1] https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=0TKCrGI7bfTG

PIN: 0TKCrGI7bfTG

   
   
For enquiries, please contact
Media Relations:
 
Phone   +43 7672 701 2743
E-mail    [2]media@lenzing.com
Web       [3] www.lenzing.com

 

About the Lenzing Group
 
The Lenzing Group stands for the responsible production of specialty and
premium fibers based on regenerated cellulose. As an innovation leader,
Lenzing is a partner of global textile and nonwoven manufacturers and
drives many new technological developments. The Lenzing Group’s
high-quality fibers are the raw material for a wide range of textile
applications – ranging from functional, comfortable, and fashionable
clothing through to durable and sustainable home textiles. TÜV-certified
biodegradable and compostable Lenzing fibers are also ideal for demanding
use in everyday hygiene applications.
 
The Lenzing Group’s business model extends far beyond that of a
traditional fiber producer. Together with its customers and partners,
Lenzing develops innovative products along the value chain, adding value
for consumers. The Lenzing Group strives for efficient utilization and
processing of all raw materials and offers solutions for the transition of
the textile industry from the current linear economic system to a circular
economy. In order to align its commitment to limiting man-made climate
change with the goals of the Paris Agreement, Lenzing has a clear,
science-based climate action plan that provides for a significant
reduction in greenhouse gas emissions (Scopes 1, 2, and 3) by 2030 and a
net-zero target by 2050.
 
Key Facts & Figures Lenzing Group 2024
Revenue: EUR 2.66 bn
Nominal capacity (fibers): 1,110,000 tonnes
Employees (full-time equivalents): 7,816
 
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™, and REFIBRA™ are trademarks
of Lenzing AG.
About TreeToTextile
 
Swedish-based TreeToTextile is driving systemic change in the textile
industry, by providing the nextgeneration
cellulose fiber for a resilient planet. Supported by the owners H&M Group,
Inter IKEA Group,Stora Enso, Lenzing Group and LSCS Invest, TreeToTextile
develops a renewable and resource-efficient cellulose fiber with
attractive properties and low environmental impact, affordable to all. The
fiber has the potential to complement or replace part of the cotton,
viscose and polyester markets, in line with the company’s mission “Better
fibers to all”.
 
Key Facts & Figures TreeToTextile
Year of establishment: 2014
Owners; H&M Group, Inter IKEA Group, Stora Enso, Lenzing Group and LSCS
Invest
Employees: 57
Current facilities: HQ in Stockholm, Demo plant in Nymölla, Sweden, R&D
Center in Mölndal, Gothenburg,
Registered brand names: TreeToTextile™ (with symbol), Nyense™ (for textile
applications), Nyvado™ (for
nonwoven applications)

 

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02.02.2026 CET/CEST This Corporate News was distributed by [4]EQS Group

View original content: [5]EQS News

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Language: English
Company: Lenzing AG
4860 Lenzing
Austria
Phone: +43 7672-701-0
Fax: +43 7672-96301
E-mail: office@lenzing.com
Internet: www.lenzing.com
ISIN: AT0000644505
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2269538

 
End of News EQS News Service

2269538  02.02.2026 CET/CEST

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References

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2. media@lenzing.com
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