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 Repair And Installation Of Machinery And Equipment Repair And Installation Of Machinery And Equipment 33 - Repair and installation of machinery and equipment
100 jobs Number of planned job losses
Announcement Date
24 October 2018
Employment effect (start)
Foreseen end date
Description
Alewijnse is a familiy company founded 125 years ago focused on electrical engineering and industrial automation, especially in the marine sector. Last year, Alewijnse sold certain divisions of the company as part of a restructuring in order to try and make the company profitable again. The company is however still dealing with financial issues, especially in its martime activities division. As a consequence of the financial losses, it was announced last month that the familiy business would be acquired by investors. Due to the takeover at least 100 employees of the 950 employees in its various Dutch units will be let go.
Sources
Citation
Eurofound (2018), Alewijnse, Merger/Acquisition in Netherlands, factsheet number 95709, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95709.
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