# Lenzing shareholders approve €300 million capital increase for nonwovens strategy

Lenzing received shareholder approval for a capital increase of approximately €300 million to fund its 'Grow Nonwovens, Reset Textiles' strategy, reinforcing its financial position.

- Type: Investment
- Announced: 2026-08-25
- Where: Lenzing, Austria
- Value: $330.0M (300.0M EUR)
- Status: announced
- Products: cellulosic fibres, nonwovens
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Lenzing AG](https://endata.com/companies/20683.md)

## Sources

- [nonwovensnews.com](https://www.nonwovensnews.com/2026/08/27/green-light-for-lenzing-e300m-for-nonwovens-shift/), 2026-08-27: "Capital increase will support Lenzing's plan to expand nonwovens while consolidating its European textile-fibre manufacturing footprint."

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