Type
Internal restructuring
Country
Spain
Region
Este; Cataluña;
Location of affected unit(s)
Sant Sadurní d'Anoia, Raimat, Esplugues de Llobregat
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Beverages
11.02 - Manufacture of wine from grape

79 jobs
Number of planned job losses
Job loss
Announcement Date
12 March 2019
Employment effect (start)
Foreseen end date

Description

The Codorníu, one of the main Spanish wine producers, announced a collective dismissal initially affecting 79 workers in several work centers in Catalonia (Sant Sadurní d'Anoia, Raimat and Esplugues de Llobregat). The collective dismissal will affect both production and offices employees. In addition, the remaining 91 workers of Espluges work center will move to Sant Adurní. Codorníu justifies the redundancies as a strategic plan to improve efficiency and to focus on more relevant business areas. The company announced the restructuring nine months after the US group Carlyle bought most of Codorniu's shares and two years after the last collective dismissal in the company that affected 71 workers in 2017.


Sources

Citation

Eurofound (2019), Codorníu, Internal restructuring in Spain, factsheet number 97582, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97582.