# LEO III Fonds to acquire Kelheim Fibres in insolvency proceedings

Kelheim Fibres GmbH signed a notarial purchase agreement with Munich-based financial investor LEO III Fonds, advised by DUBAG Group, as part of its self-administered insolvency proceedings. The transaction is expected to close on January 1, 2026.

- Type: Acquisition
- Announced: 2025-11-05
- Where: Kelheim, Germany
- Status: announced
- Products: viscose fibers, trilobal hygiene fiber Galaxy
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [DUBAG Group](https://endata.com/companies/12115.md) (partner)
- [Kelheim Fibres](https://endata.com/companies/58576.md) (target)
- [LEO III Fonds](https://endata.com/companies/88361.md) (acquirer)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/munich-based-investor-to-buy-kelheim/), 2025-11-10: "Kelheim Fibres GmbH has signed a notarial purchase agreement with Munich-based financial investor LEO III Fonds, exclusively advised by DUBAG Group, as part of its ongoing self-administered insolvency proceedings."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.