The Lenzing Group has acquired a controlling majority stake in Swedish innovation company TreeToTextile AB, marking a major step in accelerating the industrialization of a new generation of sustainable, wood-based fibers. The transaction, executed through the issuance of new shares, strengthens Lenzing’s long-term strategy in specialty and low-impact fiber technologies.
TreeToTextile’s patented process is considered one of the most advanced breakthroughs in cellulosic fiber production, offering improved sustainability performance, cost efficiency and wide applicability across textile and nonwoven markets. With this majority acquisition, Lenzing expands its innovation pipeline beyond viscose and lyocell, reinforcing its leadership in premium, resource-efficient fibers.
Following Lenzing’s increased ownership, H&M Group, Inter IKEA Group and Stora Enso will remain minority shareholders, continuing to provide market insight and consumer-driven perspectives, while LSCS Invest maintains its long-standing shareholder role.
Lenzing said the move will enable faster scaling of the technology, including a significant production increase at the demonstration plant in Nymölla, Sweden, and preparations for the first large-scale industrial facility. Closer operational integration is also expected to deliver efficiencies and speed up commercialization.
Industry observers see the deal as a significant milestone in the global shift towards next-generation, circular and climate-efficient fibers, with Lenzing positioning itself at the forefront of future-ready textile raw materials.
