Paper and Forest Products
Company Overview of Heinzel Holding GmbH
Heinzel Holding GmbH, together with its subsidiaries, manufactures and trades in pulp and paper products worldwide. It operates through Industry, Trading, and Other segments. The company trades in duplex boards, triplex boards, folding box boards, carrier boards, corrugating material, fluting, KLB bleached/unbleached and white top KLB, testliner/white top testliner, MG/MF paper, sackkraft paper, packaging paper, cupstock/platestock, and SBS/SBB products, as well as offers finance, logistics, currency management, and special trade services. It also produces pulp, bleached kraft paper and super calendered, and uncoated natural paper; owns and operates 10 wind power plants with an output of 3 M...
Key Executives for Heinzel Holding GmbH
Chief Executive Officer, President, Member of the Management Board, Chairman of Supervisory Board of Zellstoff Pöls AG and Chairman of Supervisory Board of Wilfried Heinzel AG
Chief Financial Officer and Member of Management Board
Chief Executive Officer of Europapier International AG
Chief Executive Officer of Zellstoff Pöls AG
Chief Executive Officer of Wilfried Heinzel AG
Compensation as of Fiscal Year 2015.
Heinzel Holding GmbH Key Developments
Heinzel Holding GmbH Announces Executive Changes
Dec 21 15
Heinzel Holding GmbH announced at its meeting on December 18, 2015, the supervisory board of the group appointed Kurt Maier as new Chief Executive Officer of the company. Kurt Maier, currently spokesman of the Management Board of the group company Zellstoff Pöls AG, will assume his new role with effect from the next general meeting on March 31,2016. On the same day, the current CEO Alfred Heinzel will withdraw from the operational business and join the supervisory board.
Heinzel Group Reports Earnings Results for the Year 2014
Mar 30 15
Heinzel Group reported earnings results for the year 2014. For the year, the Group once again demonstrated its inherent dynamism with an increase in sales revenues of 5.8% to EUR 1,406.5 million. At EUR 67.4 million, the EBIT was slightly below the EUR 69.2 million of the preceding year. However, the latter was influenced by the exceptional positive effect of EUR 37.2 million derived from the acquisition of Laakirchen Papier AG, which by comparison in 2014 only amounted to EUR 10.6 million. Therefore, on an adjusted basis a marked improvement was achieved, which substantiates the positive development in Group business. EBITDA was EUR 117.9 million.
Four Bidders Reportedly Interested In Burgo
Aug 22 14
At least four bidders are interested in Burgo Group S.p.A. or some of its assets, MF-Milano Finanza reported without citing sources. Lecta S.A., Favini Spa, UPM-Kymmene Oyj (HLSE:UPM1V) and Heinzel Holding GmbH have expressed interest in Burgo, MF said. The paper also added that the bidders are proposing various ways of integration or asset acquisitions. Burgo is undergoing a restructuring process and is negotiating with creditor banks how to tackle its debt of more than €1 billion. As part of the restructuring, Burgo's advisers have sounded out possible buyers of assets or of the entire group, it said. Lecta is said to be interested in a merger whereas Favini would possibly look for a merger only after it lists its shares on the market. UPM, on the other hand, is said to be seeking an investor for an investment vehicle in which it will transfer the paper-making businesses of the two companies. Heizel is only interested in Burgo's paper mill in Ardennes in Belgium and in the group's distribution unit Burgo Distribuzione, MF said.
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