Deutsche Nachhaltigkeit and SUSMATA Secure Milestone in Sustainable Materials Market

DN Deutsche Nachhaltigkeit AG has successfully supported SUSMATA in a significant capital increase and stock market listing. The transaction involved a contribution in kind capital increase worth 80 million euros, resulting in SUSMATA's listing on the Düsseldorf Stock Exchange. SUSMATA specializes in creating biodegradable materials from plant waste, focusing on sustainable alternatives such as vegan, plastic-free leather.

Their innovative product, "Wastea," is crafted from tea residues, omitting plastic and drastically reducing CO₂ emissions compared to both animal and vinyl leather. This environmentally conscious approach uses up to 125 times less water than traditional leather production.

Backed by a proprietary technology, SUSMATA services sectors like fashion and automotive, with a growing international clientele. Deutsche Nachhaltigkeit, a shareholder, is committed to this venture, reflected in SUSMATA's high ESG score and promising economic trajectory.