The move gives Lenzing access to TreeToTextile’s patented technology platform, designed for large-scale cellulosic fibre production, and strengthens its position in the wood-based specialty fibre sector.

Following this stake acquisition, Lenzing intends to increase output at TreeToTextile’s demonstration plant in Nymölla, Sweden, and begin preparations for an industrial-scale facility.

The company anticipates “closer collaboration” as a result of the deal.

Lenzing Group chief operating officer Georg Kasperkovitz said: “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 fibre experts has enabled significant technological progress. We are fully committed to the joint scale‑up and commercialisation. H&M Group, Inter IKEA Group, and Stora Enso, will continue to support this path as minority shareholders, contributing valuable market and consumer perspectives.”

The TreeToTextile process follows previous advances in cellulosic fibre manufacturing, such as viscose from the early 20th century and Lyocell, developed by Lenzing in the 1990s.

According to Lenzing, the technology offers advantages in sustainability and cost while serving both textile and nonwoven markets.

LSCS Invest remains a shareholder and continues its support since TreeToTextile’s founding.

TreeToTextile CEO Dr Roxana Barbieru said: “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 fibre market.”

The deal follows Lenzing’s announcement in December 2025 that Rohit Aggarwal, managing board member and CEO, will step down for personal reasons, effective 31 January 2026.

After Aggarwal’s departure, a three-member managing board will lead Lenzing.