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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.13 - Manufacture of other pumps and compressors
87 jobs Number of planned job losses
Announcement Date
26 April 2014
Employment effect (start)
26 April 2014
Foreseen end date
Description
Compressor producer Gardner Denver Deutschland is to cut 87 jobs at its site in Simmern. The job losses are due to the acquisition of the former CompAir by the US-company Gardner Denver. As reported, job losses are to be realised in a socially acceptable manner by partial retirement and setting up a transfer agency. The labour union IG Metall was content about the solution as they had feared a total shutdown of the site.
Gardner Denver is a US-American producer of compressors, pumps and blowers and employs 6,800 people in 34 countries.
Sources
26 April 2014: Rhein-Zeitung.de
Citation
Eurofound (2014), Gardner Denver Deutschland, Merger/Acquisition in Germany, factsheet number 77016, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77016.
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