Holsten Brauerei

Type
Merger/Acquisition
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Beverages
11.05 - Manufacture of beer
209 jobs
Number of planned job losses
Job loss
Announcement Date
9 June 2004
Employment effect (start)
9 June 2004
Foreseen end date

Description

The Danish brewery group Carlsberg is planning a significant number of job cuts at Holsten-Brauerei, the German brewery group that it acquired in January. 134 of the 765 jobs at Holsten's head office in Hamburg are to be cut; 209 jobs will be lost in the entire Holsten group. The reason for the job cuts is said to be that around 42 per cent of the Holsten group has been sold over the last few months. Outsourcing options are also being considered for other areas of Holsten's business; these include the logistics division.

Sources

  • 9 June 2004: Financial Times Deutschland

Citation

Eurofound (2004), Holsten Brauerei, Merger/Acquisition in Germany, factsheet number 60412, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60412.