An internal letter from the provisional insolvency administrator, reviewed by BR24 (1-7-25), indicates that the search for investors for segments of the insolvent Ziegler Group, headquartered in Bavaria, Germany, is nearing its initial conclusions.
In late November, parent company Ziegler Holding GmbH filed for insolvency, followed by more than the approximately 40 subsidiaries. That included Ziegler Holzindustrie GmbH, the original company of the…