The pellet producer German Pellets and ZG Raiffeisen Energie GmbH, a Baden-based trading and service company, have founded a joint venture for the sale of wood pellets. The name of the joint subsidiary company will be "best:Pellets Handelsgemeinschaft". Pellet sales to consumers begin on 1 January 2015.

Biofuel

German Pellets and ZG Raiffeisen Energie form joint venture

Nov 26, 2014. /Lesprom Network/. The pellet producer German Pellets and ZG Raiffeisen Energie GmbH, a Baden-based trading and service company, have founded a joint venture for the sale of wood pellets. The name of the joint subsidiary company will be "best:Pellets Handelsgemeinschaft". Pellet sales to consumers begin on 1 January 2015, as the company said in the press release received by Lesprom Network.

German Pellets and ZG Raiffeisen Energie - belonging to one of Germany's five main cooperative-based enterprises in the Raiffeisen group - each have a 50% stake in best:Pellets GmbH.

The aim is to group together the operations in south-west Germany's pellet market to a greater extent in the future and to further expand the sale of wood pellets to end-customer. The market presence in the Baden-Württemberg sales area is to be expanded and new sales channels opened up in Saarland and in Rheinland-Pfalz.

Peter Leibold, Managing Director of German Pellets GmbH, explains: "For several years now, we have worked together with ZG Raiffeisen Energie in the pellet business in Baden-Württemberg Federal State, successfully and with a high level of trust. That is why a number of years ago German Pellets, as the manufacturer, also took over the supply logistics. ZG Raiffeisen Energie's wood-pellets business area and the players involved command a lot of experience in the fuel business, with an outstanding network in the region. We are now taking the next logical step in our cooperation, so as to gain further market shares."

German Pellets, with its headquarters in Wismar, Mecklenburg-Vorpommern Federal State, is one of the world's largest manufacturers and traders of wood pellets.