Type
Merger/Acquisition
Country
Netherlands
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of cultural and recreational goods
47.61 - Retail sale of books

100 - 175 jobs
Number of planned job losses
Job loss
Announcement Date
20 September 2012
Employment effect (start)
Foreseen end date

Description

On 20 September 2012, Selexyz bookstores announced that they will cut 100 jobs out of total 700.

Selexyz, part of the ProCures group, had recently acquired De Slegte which was on the verge of bankruptcy and is now streamlining the process. The unions have agreed to a social plan.


Sources

  • 21 September 2012: Het Financieele Dagblad

Citation

Eurofound (2012), Selexyz, Merger/Acquisition in Netherlands, factsheet number 74304, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74304.