Type
Merger/Acquisition
Country
Netherlands
Region
Location of affected unit(s)
Sector
Utilities
Water Supply; Sewerage, Waste Management And Remediation Activities
Water Collection, Treatment And Supply
36 - Water collection, treatment and supply

250 jobs
Number of planned job losses
Job loss
Announcement Date
27 November 2002
Employment effect (start)
1 November 2002
Foreseen end date
1 December 2007

Description

Vitens is the youngest and biggest waterdistribution company in the Netherlands result of a merger between three big companies : Nuon Water, Waterbedrijf Gelderland and Waterleiding Maatschappij Overijssel. Vitens delivers water in Friesland, Gelderland, Overijssel, Noordoost Polder and some local communities in Drenthe. Vitens produces annually some 270 millions cubic m. for more than 1,5 million families, companies and institutions.


Sources

Citation

Eurofound (2002), Vitens, Merger/Acquisition in Netherlands, factsheet number 59806, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59806.