The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.5 - Manufacture of dairy products
200 jobs Number of planned job losses
Announcement Date
8 February 2012
Employment effect (start)
8 February 2012
Foreseen end date
Description
After the merger of two farmer-owned dairy companies in Sweden, Arla and Milko, it is now clear that the jobs of 200 former Milko employees will be cut. The 200 redundancies are expected to be implemented as soon as the integration process is complete.
In Grådö 155 employees will get dismissed since Arla has to sell the dairy in Grådö due to a decision from the Swedish Competition Authority (Konkurrensverket). In Milko's old headquarters in Östersund 45 white collar employees will be given redundancy notices since many positions already exist at Arla's main office in Stockholm.
All made redundant will get support to find new jobs according to official sources. Trade Union negotiations have been ongoing since November and are now fully completed.
Sources
8 February 2012: Arla press release
8 February 2012: Dagens Industri
Citation
Eurofound (2012), Arla, Merger/Acquisition in Sweden, factsheet number 73061, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73061.
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