Lenzing Acquires Majority in TreeToTextile
Analysis based on 13 articles · First reported Feb 02, 2026 · Last updated Feb 03, 2026
The acquisition by Lenzing AG of TreeToTextile is expected to positively impact the sustainable fiber market by accelerating the development and commercialization of next-generation cellulosic fibers. This move strengthens Lenzing AG's market leadership and offers attractive growth prospects in the textile and nonwoven sectors.
Lenzing AG has acquired a controlling majority stake in the Swedish innovation company TreeToTextile through the issuance of new shares. This strategic move aims to strengthen Lenzing AG's position in sustainable, wood-based specialty fibers and expand its innovation pipeline with TreeToTextile's scalable, patent-protected technology. TreeToTextile's process is considered a significant technological leap in cellulosic fiber production, offering improved sustainability, cost advantages, and broad applicability. Lenzing AG plans to increase production at TreeToTextile's existing demonstration plant in Nymölla, Sweden, and prepare for an industrial-scale facility. Existing minority shareholders, including H&M Group, Inter IKEA Holding, Stora Enso, and LSCS Invest, will retain their stakes and continue to support the venture.
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