In Germany, the insolvency administrator of Ziegler Group's bankruptcy, Volker Böhm from Schultze & Braun has announced that the future of the Ziegler Hausbau Group around Engelhardt+Geißbauer is secure. All six of the group's business operations have been sold to an investor, FBSL Holding GmbH, whose shareholders are active in the field of renewable energies and partly consist of the previous management of the E+G Group.
FBSL Holding has taken over the business operations of the following Ziegler companies: Engelhardt+Geißbauer GmbH, Schwebheimer Holzelementebau GmbH, Sendel+Göß Haustechnik GmbH, Zimmerei Mohr GmbH, Mohr Holzhaus GmbH, and E+G Besitzgesellschaft mbH.
FBSL Holding wants to hold on to the existing locations and has taken on around 140 of the 170 employees. The creditors have approved the takeover which took place on February 6, 2025. The purchase price has not been disclosed.
FBSL Holding combines the reputation of a regionally rooted family business with the know-how of the previous management. The investor family, based south of Nuremberg, designs and builds PV systems for commercial and private customers, among other things.
With the investor’s entry, the Engelhardt+Geißbauer Group gains access to another important market and at the same time gains a new, promising sales channel, emphasized insolvency administrator Volker Böhm after signing the purchase agreements.
Stefan Bauereiß remains managing director of the new E+G Group, which continues to operate under the brand “Engelhardt+Geißbauer – The wooden house from Franconia”.
In the future, he will be supported in the operational areas by Marco Stäudtner, the previous head of project management, as an additional managing director.
Solid company
The companies of the Engelhardt+Geißbauer Group had to file for insolvency at the end of November 2024 despite a good order situation.
The reason was that Engelhardt+Geißbauer was obliged within the Ziegler Group to cover the losses of the insolvent parent company.
The takeover by FBSL Holding is good news for all Engelhardt+Geißbauer house customers. Customers now have planning security for their projects again, said Volker Böhm.
Even during the preliminary insolvency proceedings, Böhm had continued the business operations of the group companies. The Engelhardt+Geißbauer Group has a very good order situation well into 2025.
There are currently around 50 orders for houses, so production is at full capacity and running on schedule. Under the new owner, Engelhardt+Geißbauer will continue the existing contracts.
The sale of the Engelhardt+Geißbauer Group took place within a very short time, just two months. Volker Böhm initiated a so-called “structured investor process” immediately after the group filed for insolvency.
In addition, some investors had already expressed interest in the financially healthy house-building group before the insolvency filing.
Böhm thanked the employees, suppliers, and customers for their loyalty since the insolvency filing.
It speaks for the high reputation of Engelhardt+Geißbauer that everyone involved firmly believed in the future of the group, said the insolvency administrator.
