Baker McKenzie advises Grundfos on reconciliation of interests and social plan
Baker McKenzie has advised Grundfos, a global provider of advanced pump solutions and water technologies, in connection with the future close-down of its Wahlstedt production site in the district of Segeberg.
The reconciliation of interests and social plan have been concluded with the Grundfos works council.
“Thanks to our expertise in connection with complex reorganizations, we were able to successfully support our client in negotiating the reconciliation of interests and social compensation plan,” commented Dr. Steffen Scheuer (pictured), Employment Partner in Munich, who acted as lead counsel in this case with a team composed of Christian Koops (partner), Johannes Seeberg-Elverfeldt (associate), Philipp Matzke (associate, all Munich)
Grundfos is a Danish company with an annual production of approx. 16 million pumps and is one of the world’s leading manufacturers of energy-efficient and intelligent water solutions with almost 20,000 employees in more than 66 countries.
