Marth Wood Shaving Supply, Inc.
6752 State Highway 107 North
Marathon, WI 54448
(715) 842-9200

Fiber in Motion

Fuel Price Resources

FOR IMMEDIATE RELEASE

May 11th, 2017

Lignetics Expands its Footprint into Wisconsin with the Acquisition of The Marth Companies

Denver, CO - Today, Lignetics, Inc. announced the acquisition of the Marth Companies LLC which includes manufacturing plants in Marathon, Athens, and Peshtigo, Wisconsin as well as the Marth Transportation trucking assets, giving Lignetics a strong position in the Wisconsin and upper mid-west markets. Lignetics is the largest residential wood pellet manufacturing company in the U.S. which now has a production capacity of approximately 650,000 tons of wood pellets per year. The company is the only pellet manufacturing company that has wood pellet manufacturing plants in the East, Central, and West geography with nine plant locations in the states of Maine, Oregon, Idaho, West Virginia, Virginia, Wisconsin.

Brett Jordan, CEO of Lignetics stated, "Completing this acquisition is a significant step in continuing to execute our strategy to expand our geographic footprint in the U.S. and remain the market leader in the residential wood pellet industry.� Jordan added, �The Marth Companies have long been the leader in the Wisconsin market with a diverse product offering of high quality wood products and relationships with an amazing group of customers managed by a very talented team, whose goal is to continue to provide a superior product and excellent customer service.

Jerry Natzke, owner of the Marth Companies LLC will stay on to manage the three Wisconsin plants and the trucking operations as General Manager of Lignetics central division. Jerry said of the transaction, �After careful consideration, it was clear to me that Lignetics and Marth have a shared vision of how we can create a business that can serve our customers, vendors, employees, and shareholders even better with merged operations. I am excited to bring these businesses together and continue to help build on the legacy of the Marth business as part of a larger entity. Jerry will also continue with a minority ownership position in the new combined entity.

Financing for the transaction was provided by Taglich Private Equity LLC, management and Gladstone Capital Corporation, who provided subordinated debt and equity financing, along with Texas Capital Bank, who provided syndicated senior debt, which included Sterling National Bank and River Valley Bank in support of the transaction. Will Morris, Managing Director of Taglich Private Equity noted that Lignetics continues to be interested in exploring additional add-on acquisitions. We are excited about this acquisition and the growth opportunities in our business to support our goal of being the largest and highest quality residential wood pellet manufacturing company in the U.S., stated Morris.

Lignetics was founded in 1983 and is one of the founding pioneers of manufacturing premium wood pellets and Pres-to-Logs fire logs for home heating. Lignetics offers a broad array of products that include wood fuel pellets in bagged and bulk form, animal bedding pellets and shavings, BBQ pellets in a variety of flavors and compressed wood bricks and logs. For more information on Lignetics and all its products, visit www.lignetics.com.

Marth was founded by Jerry Natzke's grandparents, Milton and Geraldine Marth who recognized the value of local saw mill residuals as animal bedding for their turkey farm, and it was in 1958 that they began to focus their business on providing high quality wood shavings to local area farmers. Since that time, three more generations of the family have grown the business to include pellets, wood chips, wood flour, and the trucking operation which provides the seamless connection to both suppliers and customers.

Taglich Private Equity LLC is a financial sponsor which has been investing since 2001 in lower middle market manufacturing, business service and consumer product companies. Taglich has completed transactions totaling over $500 million funded primarily with capital provided by Taglich Brothers, Inc., a full service brokerage firm managing capital in both public and private investments. Taglich focuses on finding sound investment opportunities with capable management and delivering significant growth resources and capital to portfolio investments. For more information on Taglich Private Equity LLC please visit www.taglichpe.com.

What We Do


Marth Wood Supply - Wood Pellet Fuel, Wood Shavings, Animal Bedding, Wood Flour, Biomass Fuel, BBQ Pellets

Wood Fuel Pellets

Clean heat that's easy to use and easy on the environment

Marth Wood Supply - Wood Pellet Fuel, Wood Shavings, Animal Bedding, Wood Flour, Biomass Fuel, BBQ Pellets

Animal Bedding

A clean, dry, low-dust solution that's friendly to animals, the environment, and your budget.

Marth Wood Supply - Wood Pellet Fuel, Wood Shavings, Animal Bedding, Wood Flour, Biomass Fuel, BBQ Pellets

Wood Flour

...chief base ingredient for composite materials, and a natural alternative to synthetic fillers.

Marth Wood Supply - Wood Pellet Fuel, Wood Shavings, Animal Bedding, Wood Flour, Biomass Fuel, BBQ Pellets

Pure and Natural Flavor!

Adds smoked wood flavor to your favorite grilled foods!

Marth Wood Supply - Wood Pellet Fuel, Wood Shavings, Animal Bedding, Wood Flour, Biomass Fuel, BBQ Pellets

Wood Fuel Pellets

Clean heat that's easy to use and easy on the environment

Turning Out Solutions



Marth produces environmentally friendly products made from natural fibers.

Marth Wood Shavings also offers superior shipping through Marth Transportation, inc.


Do you have wood or other fiber waste in large volumes?

We would like to talk with you. We can come to you to pick up your clean sawdust, shavings, and harvested waste wood or other fibrous residuals. Please call us at (715) 842-9200.








Thank you...

...for helping us recycle

Marth Wood Supply - Wood Pellet Fuel, Wood Shavings, Animal Bedding, Wood Flour, Biomass Fuel, BBQ Pellets

Marth Wood Shavings contracts wood shavings, sawdust, and other clean waste wood from mills and manufacturers throughout the region. Our services provide these companies with competitive value, reliable transport services, and utilize a valuable renewable resource.

We would like to take this opportunity to thank our suppliers, who participate in our effort to reclaim waste wood, for promoting the wisest use of our forests. Your continued support and partnership has helped us become the most prominent and efficient user of wood byproducts in the Midwest.

Marth values and appreciates our continued customer base. Customer satisfaction is of the utmost importance to us.

With multiple locations and a wide array of production capabilities, we have the ability to manage a high volume of fiber residuals. You can count on Marth to always be able to accommodate the maximum volume of fiber residuals you can supply at the best value through the typical cycles of industry.

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