Ebnath Forest
| Forst Ebnath AG
|
|
|---|---|
 |
|
| legal form | Stock corporation (AG) |
| founding | 1898, AG since 1907 |
| Seat |
Ebnath , Germany
|
| management |
|
| sales | 1.81 million euros (2012) |
| Branch | Forestry |
The Forst Ebnath AG is a German corporation based in Ebnath ( Bayern ). The company's core business is the management of its forest holdings. The shares were listed on the stock exchanges in Berlin and Frankfurt am Main until 2015 . It was the only German forest company whose shares were publicly traded.
activity
The operational core business of Forst Ebnath AG is the management of their forest property. This extends over a total of 3,524 hectares (ha) (as of 2012) and is located in the northern Upper Palatinate (1,801 ha), in the southern Upper Palatinate (464 ha), in the bordering Upper Franconia (661 ha), in the western Upper Franconia (275 ha) and in southern Thuringia (323 ha).
The real estate of Forst Ebnath AG is 95% covered by forest (3332 ha), which is composed as follows: 71% spruce , 12% pine , 7% beech , 4% other hardwoods ( birch , aspen , willow , alder ), 2% oak , 2% larch or Douglas fir , 1% fir and 1% hardwood ( maple , ash , cherry ). The remaining 5% real estate (192 ha) is, on the one hand, 117 ha of non-wood soils, i.e. H. Forest roads, storage areas and wild meadows, and on the other hand 75 hectares of leased agricultural meadows and fields (as of 2012).
The Munich Reinsurance Company Ltd held a direct shareholding in the forest Ebnath AG amounting to 96.7% of the share capital and led in March 2015, the squeeze-out process through. The reinsurer offered the remaining shareholders 1807 euros per share. The takeover was completed in September 2015.
history
The company was founded in 1898 in the legal form of a limited partnership under the company Carl Siems & Co. in Plaue near Flöha ( Kingdom of Saxony ) and was merged into the newly founded Tüllfabrik Flöha AG in April 1907 . The company's shares were officially listed on various German stock exchanges, but the majority were owned by the founder Carl Siems and his family.
In the mid-1920s, Gustav Carl Siems (born April 27, 1899 in Plaue; † December 10, 1977) and Albert Willy Drescher (born February 4, 1897 in Plaue; † January 16, 1969) founded Fabrica de Filó SA in Nova Friburgo in Brazil, in which Tüllfabrik Flöha AG still held approx. 40% in 1932.
The global economic crisis threatened the existence of the company; in the summer of 1932, due to a lack of sales of the products, only about 10% of the tulle machines were in operation. The complete shutdown of the tulle weaving mill was planned for mid-July 1932, only the small twisting mill should remain in operation. Of the holdings in other companies, only the shares of the Brazilian Fabrica de Filó SA brought in a return , while Elektroschmelzwerk Kempten AG (Kempten im Allgäu), Georg Liebermann Nachf. AG (Falkenau in Saxony) and "Faradit" Isolierrohrwerke Max Haas AG (Chemnitz-Reichenhain) have not generated dividends for several years .
In November 1933, the company was able to transfer the stake in Elektroschmelzwerk Kempten AG to Dr. Alexander Wacker Society for Electro-Chemical Industry ( Munich ) sell. The proceeds were used to buy a 2500 hectare forest property in Ebnath in the Fichtel Mountains from the Counts of Castell and Rüdenhausen in 1935 .
After the end of World War II the Tüllfabrik was in Flöha in the Soviet zone and was without compensation expropriated . Since the company was the only owner of the forest in Ebnath in the US-American zone of occupation , the company headquarters was moved to Munich in 1947 and the company changed to Forst Ebnath AG . After the conversion of the share capital in 1951 at a ratio of 5: 3, the company's shares were listed in official trading on the Berlin Stock Exchange from 1952 .
In 1981 the seat was again relocated to Ebnath in the New Palace. Built in 1846 under the owner Franz Bernhard Freiherr von Hirschberg (1806–1865), it had become the property of the company in 1935 together with the forest. The stable cash flow of Forst Ebnath AG made it possible to expand the company's business purpose in the 1999/2000 financial year to include real estate (apartment rental). However, in the 2006/2007 financial year, the entire property holdings of Forst Ebnath AG , located in Berlin , Potsdam and Würzburg , were sold again. After the New Castle, which was in great need of renovation, was sold in 2010, Forst Ebnath AG moved to new business premises in Ebnath in 2011 in a purpose-built building with offices, operating rooms and storage rooms.
literature
- Verlag Hoppenstedt (ed.): Saling Aktienführer 1995 , Darmstadt 1994, p. 322, ISBN 3-8203-0335-9
- Verlag Hoppenstedt (ed.): Hoppenstedt Aktienführer 2000 , Darmstadt 1999, p. 358, ISBN 3-8203-0531-9
Individual evidence
- ↑ Forst Ebnath Aktiengesellschaft: Entry of the squeeze-out decision in the commercial register. In: www.onvista.de. September 14, 2016, accessed September 13, 2016 .
- ↑ Associação Família Emmerich (Ed.): Os alemães pioneiros de Nova Friburgo. undated (Nova Friburgo), undated (before 2020). ( online as PDF at emmerich-afe.org )
- ↑ a b c Handbook of German Stock Companies , 37th edition 1932, Volume 2, page 2606.