Type
Merger/Acquisition
Country
Germany
Region
Niedersachsen; Hannover;
Location of affected unit(s)
Wedemark, Hattorf
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

100 jobs
Number of planned job losses
Job loss
Announcement Date
2 November 2006
Employment effect (start)
Foreseen end date

Description

After acquiring the insolvent German company Engelmann Automotive, the German vehicle mirror specialist Schefenacker announced plans to cut 100 jobs at EngelmannÂ’s plants at Wedemark and Hattorf and to delocate part of the manufacturing to Hungary. According to current plans, the workforce at these two locations will be reduced to 120.

Before the insolvency and acquisition, Engelmann did employ a workforce 1000.


Sources

  • 2 November 2006: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2006), Engelmann Automotive, Merger/Acquisition in Germany, factsheet number 64387, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64387.