Lenzing

Lenzing, Austria Founded: 1939 • Age: 87 yrs Listed
Wood-based sustainable fabrics are developed and provided by Lenzing.

About Lenzing

Lenzing is a company based in Lenzing (Austria) founded in 1939. Lenzing has completed 1 acquisition, including TreeToTextile. Lenzing offers products and services including TENCELâ„¢, LENZINGâ„¢, ECOVEROâ„¢, and VEOCELâ„¢. Lenzing operates in a competitive market with competitors including MycoWorks, Renewcell, Modern Meadow, Genomatica and Spiber, among others.

  • Headquarter Lenzing, Austria
  • Stage Public
  • Sectors
    Retail
    Chemicals & Materials
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website lenzing.com
  • Social LinkedIn X Facebook
  • Legal Name Lenzing Aktiengesellschaft
Key Metrics
  • Annual Revenue
    $153.2 M (USD)
    60
    as on Dec 31, 2023
  • Net Profit
    -$110.07 M (USD)
    -97
    as on Dec 31, 2023
  • EBITDA
    -$63.96 M (USD)
    -81
    as on Dec 31, 2023
  • Latest Funding Round
    $247M (USD), Post-IPO

    Jun 2024

  • Investors
    Suzano

    & 3 more

  • Investments & Acquisitions

Products & Services of Lenzing

Lenzing offers a comprehensive portfolio of products and services, including TENCEL™, LENZING™, ECOVERO™, and VEOCEL™.

TENCEL™
Textile Fibers

Versatile fibers for textiles, offering softness and strength in various applications.

LENZING™
Industrial Fibers

Specialty fibers for industrial uses, focusing on environmental sustainability.

ECOVERO™
Eco-Friendly Fibers

Viscose fibers with low environmental impact for responsible production.

VEOCEL™
Hygiene Fibers

Fibers for personal care and medical applications, emphasizing biodegradability.

Funding Insights of Lenzing

  • Total Rounds 9
  • Last Round Post-IPO — $247M
  • Investors Count 4

All 9 funding rounds of Lenzing with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2024$247MPost-IPO––
Dec 2023$9.56MGrant––
Aug 2023$256,214Grant––
Jun 2023$2.18MGrant––
May 2023$2.41MGrant––
Mar 2023$217,040Grant––
Sep 2022$121,985Grant––
Nov 2016$612,414Grant––
Jan 2014–Grant––
Valuation history

4 investors in total: 4 institutional.

Investors in Lenzing

Lenzing has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Suzano, European Union and Austria Wirtschaftsservice.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Pulp and paper products are manufactured by Suzano worldwide.
1924suzano.com.brSao Paulo, Brazil
Banking regulatory services are provided for Austrian financial institutions.
2002aws.atVienna, Austria
A digital platform for public administration services in Czech Republic.
–gov.czCzech Republic
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for Lenzing

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Board of directors of Lenzing

The boards of the 2 registered companies of Lenzing currently have 5 directors; the longest-serving is Yash Shiv Kohli, appointed in 2008. 16 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Yash Shiv Kohli
DIN 02202209
Director23 Jul 200818 yrs 2 moLenzing Modi Fibers India Private Limited
Jayaraman Sethuraman
DIN 06712240
Director05 Nov 20196 yrs 11 moLenzing Fibers India Private Limited
Avinash Krishna Mane
DIN 08603293
Director05 Nov 20196 yrs 11 moLenzing Fibers India Private Limited
Rangaraj Ravichandran
DIN 10189908
Director07 Jun 20233 yrs 4 moLenzing Fibers India Private Limited
Vishal Vinod Jain
DIN 10742757
Director14 Aug 20242 yrs 1 moLenzing Modi Fibers India Private Limited

People of Lenzing

61 people are tracked at Lenzing (31 in leadership, 11 in board & advisors, 19 in team).

NameRoleGroup
Stefan Doboczky
CEOLeadership
Christian Skilich
Chief Pulp OfficerLeadership
Christian Schneider
Senior Director Sales- Inventory & Operations PlanningLeadership
Thomas Prötsch
Director Operations Lyocell LenzingLeadership
Ismail Abdullah
Vice President Operations FiberLeadership
Cataldo Sabatelli
Global Head Of Trademarks And Brand ProtectionLeadership
Florian Heubrandner
Executive Vice President FilamentLeadership
Christian Gschwandtner
Director Of Market Intelligence & Economic AffairsLeadership
Rania Xi
Global HR Business Partner Commercial; Sr. HR DirectorLeadership
Julia Zhang-Zedrosser
Senior Director HR Global Finance, Corporate Functions And Executive RecruitmentLeadership
Peter Keppelmueller
Global Head Of HR (svp)Leadership
Upal Ray
Senior Director, Global Compensation & Benefits, Mobility And Digital HRLeadership
Jürgen Deixler
Head Of Corporate Digital HRLeadership
Bernhard Lintner
Senior Director Site Services Lenzing / Deputy Site Leadership LenzingLeadership
Wolfgang Engl
Head Of Global Fiber TechnologyLeadership
Hu Jian
VP Global Pulp Commercial AffairLeadership
Christian Sperger
Head Of Fiber Processes ResearchLeadership
Nico Reiner
CFOLeadership
Parsan Chand
Sr. Director Global LogisticsLeadership
Markus A.
Senior Vice President Global Strategy And M&aLeadership

41 more people are available in the full profile.

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Complete people profiles for Lenzing

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Financials of Lenzing

Figures of Lenzing Modi Fibers India Private Limited, the primary company behind Lenzing, for FY 2025. Revenue was ₹76,000 (-57% year on year). Net loss was -₹1.13 Cr (-14841% margin). EBITDA was -₹46.9 Lakh (-6168% margin). Revenue has grown at a compounded annual rate of -11% over three years and -35% over five years.

  • ₹76,000Revenue · FY 2025 · -57% YoY
  • -₹1.13 CrNet loss · -14841% margin
  • -₹46.9 LakhEBITDA · -6168% margin
  • ₹121 CrPaid-up capital
  • -11%Revenue CAGR, 3 years
  • -35%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Lenzing Modi Fibers India Private Limited are on its company page.

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Detailed financial statements for Lenzing

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Investments & Acquisitions by Lenzing

Lenzing has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TreeToTextile.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Renewable cellulose fibers are developed from pulp for textile applications.
treetotextile.comStockholm, Sweden2014Feb 2026••••
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Complete acquisition details for Lenzing

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  • Exports

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Timeline of Lenzing

5 dated milestones of Lenzing across 87 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lenzing is founded.
  2. Funding First funding round.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $247.0M.
  5. Acquisition Acquires TreeToTextile.

Competitors of Lenzing

Lenzing operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MycoWorks, Renewcell, Modern Meadow, Genomatica and Spiber, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mycoworks.com2013Emeryville, United States$225.3M297
Bio-based materials from mycelium are manufactured as sustainable leather alternatives.
renewcell.com2012Stockholm, Sweden$10.99M139
Biodegradable fibres are produced from recycled cellulosic materials.
modernmeadow.com2011Nutley, United States$192.64M75
Bio-fabricated leather products and accessories are provided online.
genomatica.com1998San Diego, United States$335.62M159
Plant-based nylon materials and renewable chemicals are manufactured from feedstocks.
spiber.inc2007Tsuruoka, Japan$489.35M–
Sustainable fabric materials are developed via microbial fermentation processes.
newlight.com2003Huntington Beach, United States$220.21M149
Provider of sustainable material using methane-based greenhouse gases
heiq.com2005Schlieren, Switzerland––
Sustainable self-healing fabrics and functional coatings are developed by HeiQ.
carbitex.com2012Kennewick, United States$23.34M43
Carbon-fibre induced materials are supplied for fashion applications.
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Detailed competitors of Lenzing

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Web traffic of Lenzing

The website of Lenzing (lenzing.com) receives about 90.2K visits a month.

  • Monthly visits
    90.2K

    ▲ 26% vs previous month

Similar websites

Websites whose visitors overlap most with Lenzing. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
tencel.com
100%
–#484,585View details
westex.com
86%
11.1K#2,052,694View details
indotextiles.com
81%
–#6,519,581View details
fiberjournal.com
78%
–#4,950,383View details
bccresearch.com
52%
–#664,863View details
••••••••••••••••.com••%•.•M#•••••–
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All 6 similar websites and full traffic analytics for Lenzing

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Latest news on Lenzing

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Complete news archive for Lenzing

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Similar companies to Lenzing

10 companies that operate in the same segment as Lenzing (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.08 BUSD 939.4 M–
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M2,420
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, LithuaniaUSD 872.04 M––
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M850
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 M––
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Frequently Asked Questions about Lenzing

Lenzing was founded in 1939 and raised its 1st funding round 75 years after it was founded.

Lenzing is headquartered in Lenzing, Austria. It is registered at Lenzing, Upper Austria, Austria.

Stefan Doboczky is the current CEO of Lenzing.

Annual revenue of Lenzing is $153.2M as on Dec 31, 2023.

Lenzing was founded in 1939 in Lenzing, Austria, and operates in the sustainable textiles sector. Cellulose fibers derived from renewable raw materials are produced, including lyocell and modal variants, along with flame-retardant options. These fibers are supplied for use in fashion, home textiles, sports and outdoor apparel, protective clothing, cosmetics, and hygiene products. The companys platform supports global applications in these areas.

Lenzing's top competitors include MycoWorks, Newlight Technologies and Modern Meadow.

Lenzing offers TENCELâ„¢, LENZINGâ„¢, ECOVEROâ„¢, and VEOCELâ„¢.

Lenzing has made 1 acquisition, including TreeToTextile.

Lenzing has 4 investors. Key investors include Suzano, European Union, Austria Wirtschaftsservice, and Portál veřejné správy.

Lenzing is associated with 2 legal entities: Lenzing Modi Fibers India Private Limited, Lenzing Fibers India Private Limited.

The legal entities of Lenzing currently have 6 directors, including Yash Shiv Kohli, Arpana Praveenkumar Jha, Vishal Vinod Jain and others.

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