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Another two Ziegler subsidiaries are insolvent

Article by Holzkurier editorial team (translated by Eva Guzely) | 28.11.2024 - 10:58

As announced by the insolvency administrator last week, another two subsidiaries of the Ziegler Group filed for insolvency yesterday – after Naturheld and Ziegler Holzindustrie. For the latter two, this step was taken last week.

Yesterday, two more subsidiaries of the Ziegler Group, Plößberg/DE, filed for bankruptcy: Ziegler Naturenergie and Holz-Zentrum Ziegler. Volker Böhm from the Nuremberg-based law firm Schultze & Braun remains the insolvency administrator.

Ziegler Naturenergie operates the pellet mill in Pressath/DE with an annual capacity of 250,000 t. The mill, which has 55 employees (as of 2022) and in which around €30 million were invested, was put into operation in 2021.

Holz-Zentrum Ziegler, which is also located in Pressath, is equipped with six planing lines and designed for the production of planed timber for DIY stores and wholesalers. A fire broke out there on Tuesday, November 26, in the afternoon. According to initial reports, a technical defect is believed to be the cause of the fire.

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