Grohe

Type
Internal restructuring
Country
Germany
Region
Niedersachsen; Braunschweig; Göttingen
Location of affected unit(s)
Herzberg
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23 - Manufacture of other non-metallic mineral products
23 - Manufacture of other non-metallic mineral products
1,500 jobs
Number of planned job losses
Job loss
Announcement Date
24 May 2005
Employment effect (start)
1 July 2005
Foreseen end date
31 December 2005

Description

Grohe, a producer of bathroom fittings owned by Texas Pacific and Credit Suisse First Boston, will reduce its staff by 1,500 people. One factory, Herzberg in Brandenburg, will be closed.

Sources

  • 24 May 2005: Frankfurter Allgemeine Zeitung
  • 25 May 2005: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2005), Grohe, Internal restructuring in Germany, factsheet number 61620, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61620.