Aga Rangemaster

Type
Merger/Acquisition
Country
United Kingdom
Region
West Midlands (England);
Location of affected unit(s)
Leamington Spa, Telford, Coalbrookdale
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.2 - Manufacture of other general-purpose machinery
28.21 - Manufacture of ovens, furnaces and permanent household heating equipment
128 jobs
Number of planned job losses
Job loss
Announcement Date
18 December 2015
Employment effect (start)
5 February 2016
Foreseen end date

Description

Following a strategic review, Aga Rangemaster has announced plans to cut a total of 128 jobs from its headquarters in Leamington Spa and its manufacturing sites in Telford and Coalbrooke.  The company had recently been taken over by the US-based Middleby Corporation who then initiated the review.  The Leamington site will lose 33 of its 394 shop floor roles and 27 out of 174 staff roles.  The GMB union is being consulted over the job losses though it is being reported that the first redundancies will take effect on 5 February.  

Sources

  • 18 December 2015: The business desk

Citation

Eurofound (2015), Aga Rangemaster, Merger/Acquisition in United Kingdom, factsheet number 86182, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86182.