Lenzing Group sale turns focus to its cellulose fibers

May 14th, 2015

The Lenzing Group has announced the sale of its fully-owned German subsidiary Dolan and its 91 percent stake in European Carbon Fibre to London-based WHEB Partners investment group and investment adviser Jan Verdenhalven. “The sale comprises part of Lenzing’s strategy to focus on its core business of man-made cellulose fibers,” Thomas Riegler, Lenzing’s chief financial […]

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