Lenzing Group is acquiring a controlling majority in the Swedish innovation company TreeToTextile AB via a new shares issue.

TreeToTextile’s technology is believed to represent the next major technological leap in cellulosic fibre production, following the development of viscose over a century ago 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 is underscoring its commitment to further expanding its leadership position in the global speciality fibre market.

Since an initial investment in 2025, the collaboration between the TreeToTextile team and Lenzing’s fibre experts has enabled significant technological progress. Lenzing is fully committed to the joint scale-up and commercialisation of the technology and H&M Group, Inter IKEA Group and Stora Enso will continue to support this path as minority shareholders, contributing valuable market and consumer perspectives. LSCS Invest has also reaffirmed its confidence in the joint technology platform through its long-standing commitment and its continued role as a shareholder.

Lenzing is now planing 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.

www.lenzing.com