PwC facilitated the successful sale of the Ziegler Unternehmensgruppe's assets and subsidiaries in Germany, Sweden, and Romania during insolvency proceedings, preserving operational continuity and securing a favorable outcome for creditors.

Target Company Overview

The Ziegler Unternehmensgruppe, founded in 1948 and headquartered in Plößberg, Germany, is a prominent player in the wood processing industry. The company operates four large sawmills across Europe and features a diverse product range that includes high-quality wood products for various end markets, such as residential construction and DIY stores. Additionally, Ziegler offers wood processing materials like pellets and fiber insulation, alongside its construction segment and logistical operations, which include an on-site railway station. The company has established a leading position in Europe due to its strong regional presence and wood sourcing capabilities, with production facilities located in Germany, Romania, and Sweden, employing over 3,000 staff members.

However, the company faced financial difficulties and filed for insolvency in November 2024, largely attributed to challenging economic conditions since 2023 and the financial strain resulting from extensive acquisition activities in previous years. To navigate this scenario, Volker Böhm from Schultze & Braun was appointed as the provisional insolvency administrator. Subsequently, PwC was engaged to facilitate a structured sales process for the company's assets and subsidiaries in Germany, Sweden, and Romania.

Industry Overview

The wood processing industry in Europe, particularly in the countries where Ziegler operates, remains a critical sector, given the increasing demand for sustainable building materials amid growi