Dumeco

Type
Merger/Acquisition
Country
Netherlands
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10 - Manufacture of food products
300 - 530 jobs
Number of planned job losses
Job loss
Announcement Date
20 April 2005
Employment effect (start)
Foreseen end date

Description

The Dutch meat processing company Dumeco will cut up to 300 jobs through the closure of the production sites of Weert and Emmen. This measure is presented as a consequence of the acquisition of Hendrix Meat Group in the second half of 2004. This is part of a larger restructuring plan that should cost 530 jobs in total. Part of the employees will be proposed a new position in the group but there will be 3OO direct dismissals. A social plan will be negotiated with the unions.

Sources

  • 21 April 2005: Brabants Dagblad
  • 20 April 2005: De Financiële Telegraaf

Citation

Eurofound (2005), Dumeco, Merger/Acquisition in Netherlands, factsheet number 61494, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61494.