Lenzing Takes Majority Stake in TreeToTextile to Accelerate Next-Generation Fiber Commercialization
The Lenzing Group has strengthened its position in sustainable fiber innovation by acquiring a controlling majority stake in Swedish technology company TreeToTextile AB, marking a key step toward the large-scale commercialization of next-generation cellulosic fibers.
The transaction, completed through the issuance of new shares, deepens Lenzing’s collaboration with TreeToTextile and expands its portfolio of wood-based specialty fiber technologies. The move aligns with Lenzing’s long-term strategy to drive premiumization and reinforce its leadership in the global specialty fiber market.
TreeToTextile’s patented process is considered one of the most advanced developments in cellulosic fiber production since the emergence of viscose and later Lyocell technologies. The new technology promises improved sustainability performance, cost efficiency, and scalability, with applications spanning textile and nonwoven markets.
Following its initial investment in 2025, Lenzing has worked closely with TreeToTextile to advance the technology. With majority ownership now secured, the company plans to accelerate industrialization by expanding production capacity at the demonstration plant in Nymölla, Sweden, while preparing for the construction of a first industrial-scale facility.
“TreeToTextile represents one of the most promising next-generation fiber technologies available today,” said Georg Kasperkovitz, COO of Lenzing Group. He noted that continued support from minority shareholders H&M Group, Inter IKEA Group, Stora Enso, and long-term investor LSCS Invest will remain important in bringing the technology to market.
TreeToTextile CEO Dr. Roxana Barbieru welcomed the move, stating that scaling innovation to industrial levels requires strong partnerships and technical expertise. She described Lenzing’s increased ownership as a strong endorsement of the company’s ambition to become a significant player in the global fiber industry.
With the acquisition, Lenzing expects closer operational collaboration and production synergies, enabling faster scale-up and commercialization of resource-efficient fiber solutions for the global market.
