The company announced on Friday that Lindt & Sprüngli SpA and Caffarel SpA will be merged “by merging in the acceptance procedure” at the beginning of 2022. The merger should strengthen the cooperation that already exists between the two organizations. Some processes will be merged and others will remain separate in order to ensure quality and innovation plan.
The operation aims to build stronger synergistic relationships between the two institutions, and improve them within the framework of a unified commercial and industrial strategy, while preserving its specificities and local dimensions. The Lucerna San Giovanni production site near Turin will retain its importance to the group. Investments also be there.
Lindt & Sprüngli justifies the need to integrate with the difficult situation in Caffarel: given the economic difficulties that Caffarel SpA has faced in recent years, also in light of the recent pandemic, a merger is the best solution. This is to ensure business continuity and a more solid future for employees.
There are still job cuts. A company spokeswoman told the AWP news agency that initially, there was talk of laying off 90 workers, both in management and in production. “As part of the legally required consultations, negotiations are taking place with all staff and interested parties in order to ensure that everything is going smoothly,” she added. Consultations with trade unions are ongoing.
It is also important to stress that the merger will allow the plant to be kept in Lucerna and that all offices connected to production will remain in Lucerna. An appropriate schedule will now be set for the jobs to be transferred.
However, there are likely to be more layoffs: “The integration of Caffarel into Lindt & Sprüngli SpA combined with good acceptance of the voluntary layoff program enables us to reduce the number of layoffs in the future,” the spokeswoman said. However, the effects on the employees involved must be minimized and the employment of other employees must be secured in the long run.
The spokeswoman estimated the total number of employees at Caffarel at more than 300 and at Lindt & Sprüngli SpA over 1,000. She was unable to provide any information on the costs of this reorganization.
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