Type
Merger/Acquisition
Country
Belgium
Region
Vlaams Gewest; Prov. Antwerpen; Arr. Antwerpen
Location of affected unit(s)
Tielen
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.52 - Manufacture of ice cream

138 jobs
Number of planned job losses
Job loss
Announcement Date
22 December 2012
Employment effect (start)
28 February 2013
Foreseen end date

Description

The company Glacio intents to buy insolvent icecream manufacturer IJsboerke, which would lead to 138 job losses while safeguarding the remaining 227.

In December, IJsboerke requested that the Court to be temporarily adjourned of all financial obligations.During this time, the management was trying to find a company interested to buy the plant.

The company Glacio has entered negotiatios in order to take over firm, but this would result in 138 redundancies (approximately 40% of the workforce). The workers agreed with this plan and they expect the sale of IJsboerke will take place by the 1st of March.


Sources

  • 22 December 2012: La Libre
  • 12 February 2013: L'avenir

Citation

Eurofound (2012), IJsboerke, Merger/Acquisition in Belgium, factsheet number 74728, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74728.