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][email protected]
   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:      [email protected]
   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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