A sale of Klenk Holz sawmills, Oberrotweil/DE, is currently "not an issue", confirms CEO Dr. Markus Adams in an interview with the Südwestpresse newspaper. In August 2013, the US private equity firm Carlyle took over the ailing sawmill Group and then "lavishly equipped it with capital", as it says in the report. For example, the control unit was renewed, drying chambers rebuilt and the vehicle fleet modernized at the mill in Oberrot/DE. However, the press also reported of 80 layoffs.
The cooperation between the supervisory board and the management is described as being "extremely cooperative but also result-oriented". However, the market environment is challenging, especially due to the high cost of roundwood. "The results in 2014 neither correspond with what we have planned for nor with last last year’s results", Adams is quoted as saying. 2013 saw profits of 3.65 million on the back of 394 million sales.
The cooperation between the supervisory board and the management is described as being "extremely cooperative but also result-oriented". However, the market environment is challenging, especially due to the high cost of roundwood. "The results in 2014 neither correspond with what we have planned for nor with last last year’s results", Adams is quoted as saying. 2013 saw profits of 3.65 million on the back of 394 million sales.