Type
Merger/Acquisition
Country
Netherlands
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.5 - Manufacture of dairy products

500 jobs
Number of planned job losses
Job loss
Announcement Date
10 April 2008
Employment effect (start)
Foreseen end date

Description

Two large dairy co-operatives, Campina and Friesland Foods, have announced their intention to merge. On 10 April 2008 they made clear that the merger, which will create one of the largest dairy producers in Europe, will result in a job loss of 500 jobs, mainly in the head offices. The merger still has to be approved by the European Commission.


Sources

  • 11 April 2008: De Volkskrant

Citation

Eurofound (2008), Campina, Friesland Foods, Merger/Acquisition in Netherlands, factsheet number 66506, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66506.