German Pellets and ZG Raiffeisen Energie form 'best

Pellets' joint venture, combining forces for wood pellet sales - Seite 2

With "best:Pellets Handelsgemeinschaft", German Pellets and ZG Raiffeisen
Energie are positioning themselves to continue capitalising on the
potential of the growing pellet market in the future. 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. The sales network -
consisting of sales offices and storage facilities situated close to the
customer, in addition to a modern vehicle fleet - will be further expanded.
Regional production is also an element in this concept, with two
Baden-Württemberg-based production facilities. Customers of best:Pellets
Handelsgemeinschaft will benefit from the company owners' competence in
production and in sales: these factors make themselves evident in product
quality and reliability. This also includes a high degree of flexibility,
security of supply, and quality-management that is well suited to the
product.

Around 30 per cent of all Germany's pellet-burning facilities are in the
south-west of the country, and the market is attaining double-digit
percentage growth annually. More and more people are opting for heating
sourced from wood pellets, prompted by rising prices for fossil-based
energy, and the desire for a fuel that is environment-friendly and
climate-friendly.

About German Pellets
German Pellets, with its headquarters in Wismar, Mecklenburg-Vorpommern
Federal State, is one of the world's largest manufacturers and traders of
wood pellets. With around 600 staff at 14 production sites in Germany,
Austria and the USA, the German Pellets Group manufactures wood pellets and
wood-based animal-hygiene products, selling them in almost all core
European markets. Wood pellets made by German Pellets are used to generate
heating in the private, commercial and industrial markets, in addition to
producing electricity and heating in power plants owned by European energy
companies. Last year, the annual turnover of the German Pellets Group
reached around EUR 550 m.

About ZG Raiffeisen
The ZG Raiffeisen Group, with its head office in Karlsruhe,
Baden-Württemberg, operates as a trading and service company in
Baden-Württemberg and also in Alsace and Lorraine. The cooperative
enterprise, with approximately 1,900 employees, is operating more than 30
technical workshops, 70 ZG Raiffeisen retail markets, 40 Raiffeisen centres
for building-products, and also more than 20 subsidiaries for energy
operations and 70 for agricultural products respectively. In 2013, the ZG
Raiffeisen Group's annual turnover comprised around EUR 1.5 bn. The company
subsidiary, ZG Raiffeisen Energie, supplies agriculture, private
households, municipal facilities, commerce and industry with energy and
also operates service-stations at twelve locations.

Press contact:
German Pellets
Claudia Röhr
Tel. [phone]
Mail [e-mail]

ZG Raiffeisen eG
Dr. Jens Kreutzfeldt
Tel. +49 (0) 721 - 3521885
Mail [e-mail]


End of Media Release

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Issuer: German Pellets GmbH
Key word(s): Energy

11.11.2014 Dissemination of a Press Release, transmitted by DGAP - a
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296587 11.11.2014