Restructuring events
European Restructuring Monitor (ERM)
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.
As announced on 21 February 2024, the German dairy company Theo Müller will be shutting down two of its Landliebe production sites in Baden-Württemberg gradually by mid-2026, resulting in the loss of 400 jobs.
The affected sites are Heilbronn and Schefflenz. According to a comprehensive economic analysis by the company, there is no possibility for both production sites to become profitable in the long-term again. As a consequence, both sites will be shut down gradually until 2026.
Management and works’ council have started negotiations and intend to make the reduction as socially acceptable as possible.
Eurofound (2024), Theo Müller, Closure in Germany, factsheet number 200877, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200877.