Speedline

Type
Merger/Acquisition
Country
Italy
Region
Nord-Est; Provincia Autonoma di Bolzano/Bozen; Bolzano-Bozen
Location of affected unit(s)
Tabina di Santa Maria di Sala Bolzano
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
440 jobs
Number of planned job losses
Job loss
Announcement Date
15 March 2003
Employment effect (start)
Foreseen end date
1 March 2003

Description

Amcast and Mazzucconi are negotiating the purchase of Speedline. Mazzucconi are evaluating a process re-engineering aimed to cut costs. This plan oversees 320 redundancies in the Tabiano units and 120 in the Bolzano one.

Citation

Eurofound (2003), Speedline, Merger/Acquisition in Italy, factsheet number 59311, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59311.