KLAUSNER   

30 years during which a lot changed

Article by Gerd Ebner (translated by Eva Guzely) | 18.12.2023 - 12:40

New construction after new construction

Klauser_Luftbild_Filmstreifen_rgb.jpg

€30 million, i.e. €62 million when adjusted for inflation, were necessary to launch the Friesau site © Holzkurier archive

At the time, Klausner invested 420 million schillings (around €30.5 million) in Friesau. Adjusted for inflation, that would be €62.4 million today. In 1998, a new production site followed in Wismar and another one in Kodersdorf in 2004. In 2005, he announced the construction of a new sawmill worth millions in Landsberg am Lech. The investment sum was already twice as high as twelve years earlier: €65 million. Since construction did not progress fast enough, Klausner bought Kühne Holz in Adelebsen without further ado and planned to invest €30 million there. This was the straw that would ultimately break the camel’s back.

Too big too fast

Klauser_Fritz_Filmstreifen_rgb.jpg

1993: 29-year-old Fritz Klausner when he launched his business in Germany © Holzkurier archive

KKlausner pushed many things to the limit – which ultimately proved to be his economic undoing. He took advantage of subsidies in the new German federal states like no other. In sales, he bet almost everything on just one market – hoping for enormous opportunities and taking big risks. In purchasing, he was relentless.

Klausner was the catalyst for a structural adjustment, especially in the German sawmill industry. His philosophy was as simple as it was risky: high-performance profiling lines without any flexibility. The produced lumber was dried and planed and shipped to the US. The Holz-Zentralblatt aptly described them as the "sawmills of the Klausner League", a title the management proudly accepted and used themselves.

One group with the output of today’s entire industry

Klausner-Produktion.jpg

Cutting at former Klausner sawmills in 1,000 m³ © Holzkurier 2023

By 2005, the group’s cutting volume had grown rapidly, reaching up to 2.5 million m³ a year. At that time, Klausner alone shipped around 200,000 m³ across the Atlantic each month. In 2023, the entire German sawmill industry will achieve this – with 2 million m³ in ten months.

Klausner was undoubtedly a man who recognized decisive trends, reacted promptly and took advantage of the opportunities – be it the subsidies granted after the fall of the Berlin Wall, the US’s hunger for softwood lumber at the beginning of the noughties or the founding of the Bavarian State Forests in 2005. The latter were looking for a bulk buyer of log wood in order to generate reliable revenue at the start. They found that buyer – but on terms that were only lucrative for Klausner. Unchallenged, the benefit of the "Klausner contracts" was estimated at around €150 million over the term of the contract.

More harm than good

Klausner_Karte.jpg

1) Wismar: now Ilim Nordic Timber; 2) Adelebsen: the only Klausner site to be shuttered, sawing line sold to Södra; 3) Friesau, to be precise Saalburg-Ebersdorf, today Mercer Timber Products; 4) Kodersdorf: HS Timber since 2015; 5) Landsberg am Lech: Ilim Timber; 6) Oberndorf: Headquarter of the Klausner Group © holzkurier.com

Because of these opportunities, which were not available to anyone else, Klausner's guest appearance in Germany did more harm to the industry than good to anyone.

It is the ultimate irony that:

  • the four German sawmills which changed owners between 2015 and 2017 were among the most efficient in Europe in the years that followed: Kodersdorf was acquired by HS Timber, Wismar and Landsberg were purchased by Ilim Timber, and the first production site in Friesau/Saalburg-Ebersdorf is now owned by Mercer Timber Products.
  • the US market began to soar to lucrative heights (both owned by Binderholz today) just a few months after the shutdown of Klausner’s two US sawmills.

He did everything right …

Klausner had done everything right by relying on efficient cutting technology and the US market. He was the first to recognize the potential of the US South, even before Canadian companies installed 17 million m³ of production capacity there.

… yet wrong, too

From an entrepreneurial point of view, however, Klausner did everything wrong. With greater market diversification in sales and a more accommodating behavior towards his suppliers, he would probably be one of the most successful sawmillers in Europe in 2023. Klausner himself did not want to give an interview to the Holzkurier. He now lives in Kitzbühel again and is one of the largest forest owners in Tyrol.

Klausner's history | 1993–2020
History of the rise and fall of the timber group Klausner
1989 Cutting volume at the main production site in St. Johann i. T.: 70,000 m³.
1991 Relocation of the main production site in St. Johann i. T. fails.
January 1993 Establishment of Klausner-Holz Thuringia – Fritz Klausner is 29 years old. 
1997 Laying of the foundation stone for Klausner Nordic Timber, Wismar/DE
2004 Klausner Holz Sachsen, Kodersdorf/DE
January 2005 2nd Federal Forest Inventory – Presentation: "Another sawmill would be a logical step."
April 2005 Klausner Group announces construction of new site in Landsberg am Lech/DE.
April 2005 BaySF sign log supply contract with Klausner Group.
January 2006 Klausner Group reports lumber production of 2.7 million m³.
February 2006 Klausner acquires Kühne Holz, Adelebsen/DE.
December 2006 Start of production in Landsberg.
February 2007 Sturm, President of the Sawmill Industry, calls the BaySF contract  a "mistake of the century".
February 2007 Following storm Kyrill, the Klausner Group concludes long-term log supply contracts, including with the State Forests of NRW.
March 2007 Klausner earns €125 million with seven-year bond.
2008 Roland Berger hired for restructuring.
May 2008 Klausner bond is suspended from trading.
June–December 2008 Production sites are introducing short-time work.
March 2009 Klausner Holz Niedersachsen registers for "short-time work 0".
February 2010 The Klausner Group's bond exchange offer has ended: 61% of shareholders have agreed.
April 2010 Södra acquires the Adelebsen line.
June 2010 Wismar and Landsberg: Sale to Ilim Timber, St. Petersburg
December 2010 Bond buyback is completed according to Klausner.
June 2011 Klausner buys sawmill in Domat-Ems/CH.
October 2011 Former Klausner line is put into operation at Södra in Värö/SE.
February 2012 Klausner wins at the Regional Court of Münster.
February 2012 At the Regional Court of Munich: Settlement between KHT and BaySF
January 2013 Third building permit in the US: North and South Carolina, Florida
February 2013 Klausner files a lawsuit against NRW.
March 2013 Klausner expands lawsuit: amount in dispute up to €125 million.
August 2013 Florida transfers 63 hectares to Klausner.
October 2013 Klausner Group estimates cutting to total 2.7 million m³ this year.
October 2013 Start of construction in Florida
March 2014 Building permit issued for Klausner Lumber One LLC.
July 2014 Fire at the sawmill of Klausner-Holz-Thüringen in Friesau/DE
January 2015 Cutting starts at Klausner Lumber One's Live Oak site.
July 2015 Klausner Holz Thüringen is cutting 145 jobs in Friesau.
October 2015 HS Timber acquires Saxon sawmill Kodersdorf.
March 2017 Construction and maintenance work at the Live Oak sawmill, Florida/US
April 2017 Takeover of Klausner sawmill in Friesau/DE by Mercer
March 2017 Sawing starts at Klausner Lumber One's site in Live Oak, Florida/US.
June 2018 Regional Court of Münster: NRW does not have to pay compensation to the Klausner Group.
September 2018 The Klausner Group appeals.
March 2020 Klausner Lumber One is shuttered.
April 2020 Klausner North America Beteiligungs GmbH and Klausner Trading International GmbH (KTI) file for bankruptcy.
December 2020 Both of Klausner's US sites are sold to Binderholz.