Lenzing stock: Heiligenkreuz closure shifts to 2027 as buyers circle site

Published on 11/02/2026 at 17:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lenzing stock faces a first-quarter 2027 shutdown at Heiligenkreuz, where 285 jobs are affected. Third-quarter results follow on November 5.

Heiligenkreuz Sale Enters Next Phase

Lenzing has moved the planned Heiligenkreuz shutdown into the first quarter of 2027.
Potential buyers are discussing a takeover while the company continues its restructuring.
Third-quarter results are the next scheduled test for the business.

Lenzing, AT0000644505, Illustration mit AI erstellt.

Lenzing has moved the planned shutdown of its Heiligenkreuz facility into the first quarter of 2027, while a sale process draws interest from potential buyers. The development comes after the company completed a EUR 301.2 million capital increase and ahead of its third-quarter results.

According to ad-hoc-news, the company cited the transfer of production to other locations as the reason for the revised timetable. Around 285 employees are affected, while roughly 30 prospective buyers are in talks about a possible takeover of the site.

Funding Completed, Execution Remains

The rights issue produced gross proceeds of EUR 301.2 million through the issue of 34,756,362 new shares at EUR 8.65 each. Lenzing reported 73,374,542 voting rights after the transaction, which took effect on October 22.

The B&C-Gruppe and Suzano syndicate retains approximately 52.25% of voting rights, while Goldman Sachs Group holds 5.86%, according to the same report. The ownership structure gives the company a clearer post-raise framework, but the operational transfer and the future of Heiligenkreuz remain key execution issues.

Results Set the Next Test

Lenzing stock traded at EUR 11.06 on Lang & Schwarz at 17:36 Berlin time on Monday, November 2, 2026. The latest relevant own report had cited EUR 10.80 on November 1, so the share price was 2.41% higher than that reference.

Lenzing's third-quarter 2026 results are scheduled for November 5 between 15:00 and 16:00 CET. The figures should give investors a new basis for assessing the capital increase, the restructuring timetable and the transfer of production.

The real-time quote of Lenzing stock is available here.

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For further coverage, see more news and analyses on Lenzing stock.