Lenzing, Austria-based, The Lenzing Group is acquiring a controlling majority in Stockholm-based TreeToTextile AB, strengthening its leadership in sustainable, wood-based specialty fibers through a highly scalable, patent-protected cellulosic fiber technology platform. The transaction, executed through new share issuance, advances Lenzing’s premiumization strategy across textile and nonwoven markets.
TreeToTextile’s process offers improved sustainability, cost advantages and builds on innovations like viscose and Lenzing’s Lyocell technology.
“TreeToTextile is among the world’s most advanced next-generation fiber technologies,” said Georg Kasperkovitz, COO of Lenzing Group. “Since our initial investment in 2025, the collaboration has enabled significant technological progress. We are fully committed to joint scale-up and commercialization.”
“Innovation at industrial scale requires time, expertise, and strong partnerships,” said Dr. Roxana Barbieru, CEO of TreeToTextile. “Lenzing Group’s increased ownership is a clear endorsement of our technology.”
Lenzing plans increased output at TreeToTextile’s Nymölla, Sweden, demonstration plant and preparation of a first industrial-scale facility.
2026 Quarterly Issue I
