Spinnova Oy SPINN
OMXHEX · Finland · Process Industries
€0.4680-0.00 (-0.21%)
Market open· · EUR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · EUR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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The Finnish fiber firm is considering buying its Portuguese spinning partner as it pursues a U.S. listing.
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Spinnova has signed a non-binding letter of intent (LoI) with Portuguese yarn spinner Tearfil and its shareholders to explore the acquisition of all the company’s shares.
JYVÄSKYLÄ, FINLAND / ACCESS Newswire / September 17, 2026 / Spinnova Plc ("Spinnova" or the "company") (Nasdaq First North Growth Market Finland:SPINN), a materials technology company producing textile fibre from wood pulp and waste streams, has signed a non-binding letter of intent with Tearfil - Indústria Têxtil, S. ("Tearfil") and its shareholders concerning a potential acquisition by Spinnova of all shares in Tearfil.
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