Maison van den Boer

Type
Internal restructuring
Country
Netherlands
Region
Zuid-Nederland; Noord-Brabant; Noordoost-Noord-Brabant
Location of affected unit(s)
Veghel
Sector
Accommodation / Food
56 - Food and beverage service activities
56.2 - Event catering, contract catering service activities and other food service activities
56.2 - Event catering, contract catering service activities and other food service activities
140 jobs
Number of planned job losses
Job loss
Announcement Date
8 July 2020
Employment effect (start)
Foreseen end date

Description

Maison van den Boer, a Dutch catering company based in Veghel, is cutting 140 out of 225. The company already reported losses for several years and was hit hard by the COVID-19 crisis, which caused liquidity problems.

In recent months the company negotiated with its creditors but failed to reach an agreement with some of them, making the restructuring of the company inevitable.

Part of the restructuring plan is the sale of the business unit FoodforCare, which provides catering services to hospitals. The sale of this profitable business unit should help finance the reorganisation plans and provide extra liquidity to the company.

Dismissed workers are offered a guaranteed return, should the company be able to expand its business again. The company has asked employee representatives for their advice on the restructuring plan.

Maison van den Boer is a catering company specialised in high-end catering for large events. 

Sources

  • 8 July 2020: Het Financieele Dagblad (fd.nl)

Citation

Eurofound (2020), Maison van den Boer, Internal restructuring in Netherlands, factsheet number 101227, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101227.