Type
Merger/Acquisition
Country
Germany
Region
Location of affected unit(s)
Berlin, Leipzig, Bochum
Sector
Retail
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale On A Fee Or Contract Basis
46.17 - Agents involved in the sale of food, beverages and tobacco

1,000 jobs
Number of planned job losses
Job loss
Announcement Date
16 February 2021
Employment effect (start)
1 April 2021
Foreseen end date
30 June 2021

Description

Beverage deliverer Durstexpress plans to cut around 1,000 job in the first half of 2021. Durstexpress is an affiliate of the Oetker group. After the Oetker group bought the delivery service Flaschenpost in autumn 2020, it continued to merge both companies. Due to the merger, around 1,000 jobs are made redundant as three storehouses (in Berlin, Leipzig and Bremen) will be closed. Dismissals had to be postponed by one month in Berlin and Leipzig after the local employment agencies denied speedy redundancies. Dismissed employees are invited to apply for a new job at Flaschenpost. The sectoral union NGG fears that the consequence will be lower pay and worse working conditions. The management denies such a strategy,


Sources

Citation

Eurofound (2021), Durstexpress, Merger/Acquisition in Germany, factsheet number 103690, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/103690.