Banckruptcy
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Former Leipzig subsidiaries of the bankrupt German Pellets misteriously turn back to Leibold’s family business
Peter Leibold has created the world market leader for wood pellets, which was German Pellets GmbH. In 2005, the former newspaper manager and head of a sawmill founded the pellet producer in Wismar. And since then he has created a world market leader through many acquisitions, a sense of new sales channels and large-scale overseas investments. Now, after his company went banckrupt in February 2016, and approximately 17,000 private investors have obviously lost their deposits - an estimated EUR 270 million, Leibold flies with his private jet across Europe.... Continue reading
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January 18, 2017
Former Leipzig subsidiaries of the bankrupt German Pellets misteriously turn back to Leibold’s family business
Peter Leibold has created the world market leader for wood pellets, which was German Pellets GmbH. In 2005, the former newspaper manager and head of a sawmill founded the pellet producer in Wismar. And since then he has created a world market leader through many acquisitions, a sense of new sales channels and large-scale overseas investments. Now, after his company went banckrupt in February 2016, and approximately 17,000 private investors have obviously lost their deposits - an estimated EUR 270 million, Leibold flies with his private jet across Europe.... Continue reading
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Former Leipzig subsidiaries of the bankrupt German Pellets misteriously turn back to Leibold’s family business
Peter Leibold has created the world market leader for wood pellets, which was German Pellets GmbH. In 2005, the former newspaper manager and head of a sawmill founded the pellet producer in Wismar. And since then he has created a world market leader through many acquisitions, a sense of new sales channels and large-scale overseas investments. Now, after his company went banckrupt in February 2016, and approximately 17,000 private investors have obviously lost their deposits - an estimated EUR 270 million, Leibold flies with his private jet across Europe.... Continue reading