Now European Competition Authority’s approval has been granted, Hendrix is, as of April 1, 2012, officially part of the ForFarmers Group.
Since April, Hendrix and ForFarmers have been busy merging their activitiesinto a new organization. An additional effect is a generic decrease in pig feed sales in the Netherlands.
The new organization feels the impact of this decline in sales combined with the scale of the merger.
In recent months work has been carried out by staff of both Hendrix and ForFarmers to achieve some integration plan for their specific roles. These integration plans are being merged into the overall master integration plan.
An important aspect of the master plan is the integration of the personnel. The plan calls for redundencies, 160 in total, phased over the years 2012, 2013, and 2014.
Natural attrition, reduction of hired workers and dismantling of temporary employment contracts make these redundancies possible. This allows the number of real redundancies to be limited to 60 staff, starting with 38 in 2012. In 2013 and 2014 another 22 positions are expected to follow.
ForFarmers is in negotiation with the unions to come up with an agreement for the people that stand to lose their jobs.