EMCC European Monitoring Centre on Change

The Family Butchers

Company/Organisation:
The Family Butchers

Geographic Location

Country: Germany
Region: Niedersachsen
Location of affected unit(s): Versmold, Osnabrück

Company

Sector: Manufacturing
Manufacture of food products, beverages and tobacco products
10.11 - Processing and preserving of meat
Number Employed: 2600

Employment Effects

Announcement Date: 16-12-2019
Planned Job Reductions min: 260
Planned Job Reductions max: 260
Type of Restructuring: Merger/Acquisition
Foreseen End Date: 31-12-2022

Additional Information

Two German meat-processing companies, Reinert and Kemper, have gained permission to merge and will establish a new company 'The Family Butchers'. After the merge, the company will employ 2,340 workers, 260 workers less than the earlier workforce of the companies. The new company plans to cut 10% of the previous positions in both companies - or 260 jobs - by 2022, to invest in new technologies and to expand to US markets. According to the management, it is likely to announce some direct dismissals. There is no official redundancy plan yet.

 

 

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