German Pellets

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German Pellets GmbH
Company typeLimited liability company
(GmbH)
IndustryManufacturing
Founded2005
Headquarters
Wismar
,
Germany
Key people
Peter H. Leibold (managing director)
ProductsWood pellets
Revenue€519 million (2012) [1]
Number of employees
around 650 (07/2013)
Websitewww.german-pellets.de/en.html

German Pellets GmbH is an insolvent German wood pellets production company based in Wismar, Germany.[2] The company produced various kinds of wood pellets for pellet heating and pellet ovens, industrial pellets for large combustion systems, and animal hygiene products for horses, large and small animals.[3][4]

The company operated worldwide, with a particular focus on Denmark, Italy, and the United Kingdom. As of August 2013, it had 19 production sites in Germany, Austria and the United States,[5] with a yearly output of 2.2 million tons per year.[6][7] It was the largest manufacturer and distributor of wood pellets in Europe[8] and claimed to be the world's largest.[9]

The company was owned by Peter Leibold (60%) and Anne Leibold (40%).[10]

History[edit]

German Pellets was founded in 2005 by Peter Leibold and its first plant constructed in Wismar.

FireStixx Holz-Energie GmbH was acquired by German Pellets group in 2011. On 1 January 2012, Glechner GmbH was acquired by German Pellets group.

Before declaring insolvency, German Pellets bought from E.ON the Langerlo coal power plant in Belgium. The plant was resold three days later to the Leibold's family linked company. In 2017, the plant was sold to another pellets producer Graanul Invest.[11]

On 10 February 2016, German Pellets filed for insolvency in self-administration.[10][12]

Operations[edit]

German Pellets produced wood pellets of different qualities for pellet heating and pellet ovens, for industry boiler plants, for heat supply of house building, industry, business, municipality and for combined heat and power stations.

Subsidiaries[edit]

German Pellets had several subsidiaries, including an Austrian subsidiary and one that offers its pellets as a green investment trading vehicle. The German Horse Pellets GmbH, the German Pellets Wärme GmbH, the German Pellets Genussrechte GmbH, the FireStixx Holz-Energie GmbH and the Austrian Hot'ts/Glechner-Gruppe are belonging to the German Pellets group.

Founded in 2008 the German Horse Pellets GmbH is specialised to the development and sale of animal hygiene products. The production of woodchips, granules and pellets for horses, large and small animals take place at the production sites Wismar (Mecklenburg-West Pomerania) and Wilburgstetten (Bavaria). All products are based on natural raw materials and manufactured without supplementing additives.

The German Pellets Wärme GmbH offers full packages of warmth. They are planning, building and financing all measures, which are necessary for renovation, installation or building of pellet heating plants.[13]

The pellet producer offers investment vehicles via the German Pellets Genussrechte GmbH. It was founded in 2010. Wooden pellets as a financial investment have become part of green investments or ethical investments.

FireStixx Holz-Energie GmbH concentrated on the commerce and production of wood pellets. They have a network of pellet dealers and producers.

Glechner GmbH had several production sites in Austria. Since 1996, they have been producing and selling wood pellets.

Italian operating subsidiary; founded 2012, acquired Ely S.p.A. in December 2012.[14][15]

References[edit]

  1. ^ German Pellets GmbH: Wir brennen für erneuerbare Energien Archived 2013-09-06 at the Wayback Machine, retrieved 23 August 2013 (in German)
  2. ^ Brück, Mario; Stölzel, Thomas; Schnitzler, Lothar; Steinkirchner, Peter (13 November 2009). "Holzpellets: Wärmende Nische für German Pellets". Wirtschaftswoche (in German). Retrieved 3 September 2013.
  3. ^ "Neuer Anlauf für Heizwerk". Badische Zeitung. 10 December 2008. Retrieved 3 September 2013.
  4. ^ Lindemann, Peter (2008-05-28). "Guter Rat, bessere Chancen". Focus.de. Retrieved 3 September 2013.
  5. ^ Morris, Craig (15 November 2012). "German Pellets sets up new plant in Texas". Renewables International. Retrieved 10 September 2013.
  6. ^ "German Pellets to Build Second US Pellet Plant". Forest Bio Energy Review. Archived from the original on 14 August 2018. Retrieved 4 September 2013.
  7. ^ "German Pellets plans second giant wood pellet plant in U.S." Biomass Magazine. 24 April 2013. Retrieved 4 September 2013.
  8. ^ "Unternehmensanleihe: Warm ums Herz" (in German). T-Online. 6 February 2012. Retrieved 3 September 2013.
  9. ^ "Holzverarbeiter German Pellets expandiert in USA". Lübecker Nachrichten (in German). 13 August 2013. Retrieved 3 September 2013.
  10. ^ a b Dörnfelder, Andreas; Hussla, Gertrud (2016-02-25). "Questions Surround German Pellets Bankrupcy [sic]". Handelsblatt. Retrieved 2019-04-24.
  11. ^ "Graanul Invest's €250 million Belgian power plant project fails". ERR. 2017-06-07. Retrieved 2019-04-24.
  12. ^ "German Pellets files for insolvency in self-administration". Reuters. 10 February 2016. Retrieved 10 February 2016.
  13. ^ "German Pellets: Aus Solutions wird Wärme". brennstoffspiegel.de (in German). 9 January 2013. Retrieved 10 September 2013.
  14. ^ "Independent Power Producers and Energy Traders: Company Overview of Ely S.p.A." Bloomberg BusinessWeek. Archived from the original on September 4, 2013. Retrieved 3 September 2013.
  15. ^ "German Pellets: Gründet Tochtergesellschaft in Italien" (in German). Gabot.de. 13 January 2012. Retrieved 3 September 2013.

Further reading[edit]

External links[edit]

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