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#Man-Made Fibers

Kelheim Fibres GmbH: Strategic Realignment and Acquisition by LEO III Fund

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. The signing took place on November 5, 2025, with the completion of the transaction scheduled for January 1, 2026.

This planned transaction marks a significant step toward the sustainable securing and further development of the Kelheim site. The new owner intends to invest specifically in production infrastructure, efficiency improvements, and innovation to strengthen the long-term competitiveness of the Kelheim location. The company’s strategy will continue to prioritize high product quality, while also focusing on reliability of supply, which has been consistently strengthened following the challenges of recent years.

As part of the successful strategic realignment implemented since the beginning of the year, Kelheim Fibres will increasingly focus on its trilobal hygiene fiber Galaxy®, renowned for its outstanding functional properties and sustainable material base. The product portfolio is further complemented by high-performance viscose fibers used in demanding applications, including hygiene products. All Kelheim Fibres products are biodegradable and strictly certified.

The completion of the transaction is subject to standard suspensive conditions, including the securing of robust, long-term supply agreements with key business partners. Kelheim Fibres and DUBAG Group are in close dialogue with all relevant stakeholders, particularly customers, to create the conditions for a successful transition to the new owner and actively shape the company’s future.

DUBAG Group brings extensive experience in successfully managing complex corporate transitions. A recent example is the acquisition of TRUMPF’s 3D printing business division by LEO III Fonds, where trust was restored among uncertain customers in a challenging environment, and a future-oriented realignment of the business was established. With this expertise and a clear focus on sustainable value creation, DUBAG Group is a reliable partner for the next phase of Kelheim Fibres’ development.



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#Man-Made Fibers

Kelheim Fibres GmbH informs about the closure of operations

The management of Kelheim Fibres GmbH informs that business operations will be terminated as of 31 March 2026. A continuation of the company beyond this date is not possible. The investor and sales process conducted within the framework of the self-administration did not lead to a positive outcome. The potential strategic investor who most recently entered the process has withdrawn from a potential investment at short notice.

#Man-Made Fibers

Investor withdrawal forces Kelheim Fibres to assess future operations

Kelheim Fibres GmbH has confirmed that the planned transaction within its ongoing self-administered insolvency proceedings has failed. The intended sale to the Munich-based LEO III Fund, advised by the DUBAG Group, could not be completed despite extensive efforts.

#Man-Made Fibers

Kelheim Fibres on track for the future

Kelheim Fibres GmbH, a global leader in specialty viscose fibre solutions, has successfully completed an internal restructuring and sharpened its focus on core product segments following its October 2024 insolvency filing. This has enabled the company to return to a sustainable business model, with a firm commitment to continue on this path.

#Yarn & Fiber

Kelheim Fibres GmbH: Insolvency proceedings opened in self-administration – focus on sustainable restructuring and securing the future

By order of the Local Court of Regensburg dated January 1, 2025, insolvency proceedings were opened against the assets of Kelheim Fibres GmbH and self-administration was ordered. The management remains fully capable of acting within the framework of the proceedings ordered by the court and is supported by the law firms Advant Beiten and Brinkmann & Partner. Attorney Michael Verken was appointed as trustee.

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#Techtextil 2026

Gebr. Otto highlights versatility at Techtextil with regional supply chains, yarn innovations and new hygiene segment

At this year’s Techtextil, Gebr. Otto places its versatility at the center of its presentation. In addition to spinning, twisting and dyeing – traditionally focused on fine cotton – textile processors will also find a competent development partner for technical specialty solutions. The Dietenheim-based spinning mill has now built up a decade of experience in the production of technical yarns, particularly from aramids. A new hygiene segment has also been established, where yarns for medical and hygiene products are currently being produced. In the future, this department could also develop textile products for the food sector. Gebr. Otto will once again be present at the BW-i joint stand, booth D81, hall 12.1. What is wound onto the spool is determined by the customer: Gebr. Otto develops according to specific customer requirements and transforms its own ideas into yarn innovations.

#Man-Made Fibers

OnceMore® from Södra brings end-to-end traceability for circular Man-made Cellulosic Fibers (MMCF) using TextileGenesis

OnceMore® from Södra, the world’s first large-scale process for recycling blended fabrics into high‐quality dissolving pulp, will begin using TextileGenesis, a Lectra company, to strengthen traceability from raw material to retail across the value chain. OnceMore® produces dissolving pulp made from blended textile waste and wood sourced from responsibly managed Swedish forests. By integrating TextileGenesis, OnceMore® supports the growing need for verified data and secure, transparent tracking throughout increasingly complex supply chain.

#Man-Made Fibers

Lenzing advances its transformation: Higher EBITDA, stronger free cash flow and more than EUR 200 million in cost savings

The business performance of the Lenzing Group in 2025 was affected particularly in the second half of the year by external factors such as international tariff measures, subdued demand and declining market prices. As a result, revenue decreased slightly by 2.3 percent to EUR 2.6 billion, primarily due to lower fiber sales volumes and lower prices for fibers and pulp, which were further negatively impacted by currency developments. Nevertheless, thanks to the comprehensive Performance Program, Lenzing was able to improve its operating performance and key financial indicators compared with the previous year.

#Man-Made Fibers

“Lead Transformation – Generate Impact”: Lenzing presents its 2025 Annual and Sustainability Report

The Lenzing Group has published its 2025 Annual and Sustainability Report, entitled LEAD TRANSFORMATION – GENERATE IMPACT. The report shows how Lenzing is actively shaping change in the industry and making a lasting impact: economically, ecologically, and socially. Lenzing is consistently focused on the future: with targeted investments in premiumization, excellence, innovation, and sustainability, the company is strengthening its position as a leading provider of sustainable, cellulose-based premium fibers. The combined report is available in digital format.

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#Europe

Commission presents proposal for EU Inc. - unlocking the full potential of the Single Market for Europe's entrepreneurs

Today, the European Commission presented its proposal for EU Inc., a new single set of corporate rules, building the cornerstone and starting point for the EU's 28th regime. EU Inc. is an optional, digital-by-default European corporate framework. It will make it easier for businesses to start, operate and grow across the EU – incentivising them to stay in Europe, and encourage those who once looked elsewhere to return.

#Sustainability

Experts publish APAC policy priorities

Cascale today announced the publication of its APAC Policy Priorities Paper, developed by the Asia-Pacific (APAC) Policy Member Expert Team (MET) to identify key regional sustainability challenges and provide practical, aligned recommendations for policymakers and industry stakeholders across Asia-Pacific.

#Spinning

Temco launches a new DTY all-in-one solution

Temco introduces the DTY All-in-One Solution – a fully harmonized set of components engineered to give customers a highly stable, low maintenance and reproducible process environment. The solution reduces interruptions, extends component lifetimes and supports consistent yarn quality across all machine positions. All-in-One Solution – a fully harmonized set of components engineered to provide maintenance and reproducible process environment.

#Knitting & Hosiery

SHIMA SEIKI announces partnership with CLO Virtual Fashion

Leading computerized flat knitting innovator SHIMA SEIKI MFG., LTD. of Wakayama, Japan is partnering with digital garment solutions provider CLO Virtual Fashion of Seoul, South Korea for the integration of technology in garment design and simulation.

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