Type
Merger/Acquisition
Country
Germany
Region
Sachsen-Anhalt;
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

150 jobs
Number of planned job creations
Job creation
Announcement Date
25 July 2007
Employment effect (start)
25 July 2007
Foreseen end date
30 June 2008

Description

Following the merger of Schüco International KG Bielefeld and E.ON AG Düsseldorf to create the new firm Malibu GmbH&Co.KG in which both firms own 50% of the shares, it has been announced that the new firm will create 150 new jobs in Saxony-Anhalt. At Saxony-Anhalt, Malibu will produce thin-layer modules for the production of energy at a new production site. The new workers will begin to be hired in July 2007, and the job creation will be completed by June 2008.


Sources

  • 28 July 2007: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2007), Malibu GmbH&Co.KG, Merger/Acquisition in Germany, factsheet number 65647, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65647.