“The sale comprises part of Lenzing’s strategy to focus on its core business of man-made cellulose fibers. With WHEB and Jan Verdenhalven, Lenzing succeeded in finding financially strong, industry-oriented new owners in which both companies will be able to develop more effectively in the future than up until now”, comments Lenzing’s CFO Thomas Riegler. “Moreover, it is important for European Carbon Fiber that WHEB and Jan Verdenhalven already have longstanding industrial experience in the carbon fiber business. The company now has interesting growth perspectives once again through a potential cooperation with other companies in the strategic investment portfolio of WHEB.”
