{"id":88383,"date":"2024-12-13T10:22:43","date_gmt":"2024-12-13T10:22:43","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/austrian-wood-giant-binderholz-reportedly-eyeing-parts-of-ziegler-group\/"},"modified":"2025-09-19T09:03:19","modified_gmt":"2025-09-19T09:03:19","slug":"austrian-wood-giant-binderholz-reportedly-eyeing-parts-of-ziegler-group","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/austrian-wood-giant-binderholz-reportedly-eyeing-parts-of-ziegler-group\/","title":{"rendered":"Austrian wood giant Binderholz reportedly eyeing parts of Ziegler Group"},"content":{"rendered":"

<\/span>The provisional insolvency administrator Volker B\u00f6hm was able to stop the collapse of the wood empire and stabilize the business. He is now looking for investors for individual parts of the company and hopes for quick solutions. Volker B\u00f6hm does not like the term \"break-up\", which he says is \"a very negative and martial word\". He prefers \"unbundling\" because \"that describes it very well\". In relation to the badly hit Upper Palatinate wood giant Ziegler, which B\u00f6hm has been trying to save for three weeks as provisional insolvency administrator, it all comes down to the same thing regardless of the terminology.<\/p>\n

The name Binderholz is mentioned again and again in this context. The company, based in F\u00fcgen in the Zillertal in Austria, is about twice as big as the Ziegler Group and already has locations in Germany in Burgbernheim (Middle Franconia) and K\u00f6sching (Upper Bavaria), as well as in Brandenburg and Baden-W\u00fcrttemberg. According to the Frankenpost, the Austrians are primarily interested in the Pl\u00f6\u00dfberg sawmill. Andreas Sandner, a former close colleague of Stefan Ziegler, left for Binderholz in the summer, not without problems, the newspaper writes.<\/p>\n

Meanwhile, Volker B\u00f6hm is concerned about the lack of stocks. There is simply not enough wood in the largest sawmill at the Betzenm\u00fchle in Pl\u00f6\u00dfberg, which is why the provisional insolvency administrator has shut down operations there. \"The large saws are not running at the moment,\" he said. Only residual and minor work is being done, and most of the 700 employees are taking an early Christmas holiday. B\u00f6hm hopes to get the sawmill running at full capacity again quickly after the holidays. However, this urgently requires a lot of wood, apparently a total of a hundred truckloads of tree trunks a day. The state forestry service, as well as private forest cooperatives and other suppliers, want to continue supplying Pl\u00f6\u00dfberg and some of them are already doing so. Naturally, however, they expect guarantees from an insolvent buyer that the goods will actually be paid for. This is where the creditor banks come into play, reportedly a who's who of the German financial world. They have to provide a substantial sum in the millions for this. \"We are in talks about this,\" said B\u00f6hm. His best argument is probably that a running sawmill is likely to sell better than a closed one.<\/p>\n

The family-run company, with its almost 3,000 employees, mainly spread across northern Bavaria, and the largest sawmill in Europe at its headquarters in Pl\u00f6\u00dfberg ( Tirschenreuth district ), will be broken down into its individual parts in the coming months, which will then be sold to investors at the highest bidder. Unless a universal savior appears who takes over everything and continues it. That is theoretically possible, says Volker B\u00f6hm, but very unlikely.<\/p>\n

The fact that the Ziegler Group has come to this is not only due to external influences such as the poor construction industry, but also to a design error. The company structure that entrepreneur Stefan Ziegler has put together in recent years is too heterogeneous and confusing; B\u00f6hm speaks of a \"group that is certainly not an everyday group in this form\" whose structures are unusual. A mixture of private asset management and operational business. It includes sawmills and other wood companies that produce, for example, wooden house modules, insulation fiberboards or pellets. The Ziegler Group also includes logistics companies, catering companies, a building services and oven ceramics company, as well as construction companies and those for heating systems or administration, which at best have a peripheral connection to the core wood business. In some cases, connections were made where there was no immediate logic behind them, according to the provisional insolvency administrator. In other words: Ziegler had lost his way.<\/p>\n

A little more than half of the 40 Ziegler companies are now insolvent. The conglomerate functioned according to the principle that all companies benefited from profits, but conversely all had to bear any losses. There were plenty of these recently, especially in the core wood business and in the Pl\u00f6\u00dfberg sawmill, where the poor construction economy had the greatest impact in the form of falling demand. Ultimately, the group's debts rose to a mid to high three-digit million amount; the entire structure got into trouble as a result - and the banks pulled the plug.<\/p>\n

Volker B\u00f6hm and his team of around 20 people have managed to stabilize the structure since the first insolvency application on November 20. This primarily meant examining each Ziegler company individually to see whether it was currently viable on its own or not. After the recent \"turbulent days,\" B\u00f6hm said he does not expect any more of the Ziegler companies that are not yet insolvent to collapse in the near future. Those that are not insolvent include, for example, the locations in Sweden and Romania, where Ziegler operates two sawmills and a roundwood processing plant.<\/p>\n

In agreement with the creditors' meeting and with the help of the consulting firm PWC, the experienced insolvency lawyer from Nuremberg has begun to showcase the Ziegler Group's strong individual parts in order to attract investors. Above all, the huge sawmill in Pl\u00f6ssberg, the insulation subsidiary Naturheld and the wooden house division. The chances of finding buyers for everything that is part of the core wood processing business are not bad. There are already strategic buyers from Germany and abroad, said Volker B\u00f6hm, without naming them in more detail. Selling individual subsidiaries is of course an option, he said. However, it might make more sense to strategically bundle companies whose work complements and can be interlinked well. Regardless of whether they are insolvent or not. B\u00f6hm wants to complete the step-by-step sales process in the first three months of 2025.<\/p>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

The provisional insolvency administrator Volker B\u00f6hm was able to stop the collapse of the wood empire and stabilize the business. He is now looking for investors for individual parts of the company and hopes for quick solutions. Volker B\u00f6hm does … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":96477,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-88383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nAustrian wood giant Binderholz reportedly eyeing parts of Ziegler Group - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/austrian-wood-giant-binderholz-reportedly-eyeing-parts-of-ziegler-group\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Austrian wood giant Binderholz reportedly eyeing parts of Ziegler Group - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"The provisional insolvency administrator Volker B\u00f6hm was able to stop the collapse of the wood empire and stabilize the business. 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