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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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#Spinning

Barmag’s automated maintenance processes for quality, safety, and efficiency in spinning plants

Maintenance and service processes in chemical fiber spinning plants have a significant impact on product quality, equipment availability, and workplace safety. With three new retrofittable solutions, Barmag helps Producers make manual work processes more efficient, safer, and more reproducible.

#Man-Made Fibers

Selenis acquires Polisan Hellas assets and expands specialty copolyester production to more than 200,000 tonnes by 2028

Continuous polymerisation joins Selenis’ existing lines in Portugal, Italy, Tunisia and the United States. Customers get the same grades from more than one site, supply from within their region and the cost base of continuous production for high-volume grades. Priority markets: shrink sleeves, film and sheet, healthcare, 3D printing filaments and textile to textile recycling.

#Man-Made Fibers

Textile Exchange: reporting companies advance on preferred materials as global fiber production reaches new high

Companies participating in Textile Exchange’s Materials Benchmark increased their use of materials from preferred production systems in 2025, while global fiber production continued to grow and reached a record 139 million tonnes. The contrasting trends highlight both the potential for change at company level and the scale of the challenge facing the wider textile industry.

#Man-Made Fibers

Dutch court orders Shanghai Port Star to stop sales of HMPE link chains in EU

The District Court of The Hague has ordered Chinese supplier Shanghai Port Star to stop selling and distributing certain synthetic fiber link chains in the European Union after finding that the products infringe EU design rights held by Avient Corporation. The ruling concerns link chains made from high-modulus polyethylene (HMPE) fibers for marine and industrial applications.

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#Knitting & Hosiery

KARL MAYER invites the Global Textile Industry to celebrate its 90th anniversary at its German Headquarters in 2027

KARL MAYER is turning its anniversary year 2027 into a milestone for the textile sector. To mark its 90th anniversary, the industry leader is inviting customers, partners, and experts from around the world to a unique event series in September aimed at pushing boundaries, unlocking new opportunities, and jointly setting the course for a new era in textiles – just as KARL MAYER has done throughout its history. The company’s headquarters in Obertshausen, near Frankfurt, is the place to be.

#Associations

ITMF names three winners of the Sustainability & Innovation Award 2026

Three projects from the UK, Korea and China have been selected as winners of the ITMF Sustainability & Innovation Award 2026. The projects address textile-to-textile recycling, chemical recycling for automotive textiles and a regenerative approach combining silk production with ecological restoration.

#Recycling / Circular Economy

nova-Institute launches groundbreaking Advanced Recycling Database for strategic market insight

The new Advanced Recycling Database reduces complexity by providing industry stakeholders with up-to-date expert-reviewed intelligence on companies, technologies, plants, capacities, locations, products and partnerships across the global advanced recycling landscape.

#Yarns

Durak Maxibalance thread supports users’ movement and balance comfort

Durak Tekstil, a leading brand in its industry, has developed Durak Maxibalance, a new product engineered with bio-ceramic and FAR IR technology. Ushering in a new era for sportswear, activewear, and medical textiles, this technology offers features designed to support balance and movement comfort by reflecting the energy absorbed from the body back into it.

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