# Lenzing Group becomes shareholder in TreeToTextile

TreeToTextile welcomed Lenzing Group as a new shareholder, joining H&M Group, Inter IKEA Group, Stora Enso and LSCS Invest, to accelerate development of next-generation cellulose fiber for textile and nonwoven applications.

- Type: Acquisition
- Announced: 2025-02-25
- Where: Sweden
- Status: completed
- Products: cellulose fiber
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Lenzing AG](https://endata.com/companies/20683.md) (acquirer)
- [TreeToTextile](https://endata.com/companies/36354.md) (target)

## Sources

- [treetotextile.com](https://treetotextile.com/news/news/treetotextile-welcomes-lenzing-group-as-new-shareholder/), 2025-02-25: "Today we are more than happy to welcome Austrian Lenzing Group as a new shareholder, to accelerate development of the next-generation cellulose fiber for textile and nonwoven applications."

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