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VDL Groep intends to acquire the business of Siemens Hengelo. The industrial family business headquartered in Eindhoven has signed a letter of intent with Siemens Netherlands. However, before a takeover can take place, due diligence (fact and book investigation) must be concluded positively and the company committees, the unions and the competition authorities must be d & # 39; # 39; agreement. VDL expects the outcome of the trajectory to be known in the last quarter of 2018. In the coming period, during which the various consultations will be started, the parties will no longer make any announcements. .
Willem van der Leegte of VDL Groep. Foto Bram Saeys
Employees of Siemens Hengelo have been informed of the letter of intent today. The Siemens Hengelo branch has around 470 permanent employees. Multi-year work guarantees with Siemens and ASML are part of the agreement. This means that 400 employees can keep their jobs for at least four years after the planned takeover. One year after the proposed takeover, Siemens' order book will be delivered in the first place
Gas Turbines and Compressors
After this one year transition period, the largest group will continue to operate. assemble gas turbines and compressors. Siemens will be delivered. Another large group of employees will perform engineering work for ASML and other VDL customers within the high-tech VDL ETG cluster. One year after the date of takeover, at least 400 employees can keep their jobs. "We intend to keep everyone at work, that is about 470 employees," says Willem van der Leegte, CEO of VDL Groep. "Of course, we will do our best to create new jobs, such as other combinations of product markets, for the other about 70 employees.Another possibility is that we try to accommodate them elsewhere at VDL. "
Craftmanship
Willem van der Leegte:" We must take several important steps in the coming period, but if everything goes as planned, then it's fantastic For the manufacturing industry High quality in the Netherlands, it is possible to maintain as much craftsmanship.With the combination of high quality work and robotization and automation, VDL continues to develop its Industrial activities in the Netherlands. "
With the planned resumption of Siemens Hengelo's activities, VDL is considering new employment opportunities, creating innovative and high-quality products and intensifying collaboration with key Siem partners. ens and ASML In addition to our leadership role in smart mobility, VDL also wants to use the knowledge of Hengelo's employees to play an even more important role in the energy transition, the transition from fossil fuels
to the sources of energy. 39, renewable energy.
Hans Winters Siemens 19659009] "With this letter of intent, a milestone has been reached towards a new future perspective
for our employees in the Twente area." Responsible was a priority for Siemens
in this process.With this buyout project, employment for the vast majority of our employees is guaranteed in the longer term.I am confident that our well-trained and skilled employees at VDL will have a healthy future and make a positive contribution to the success of VDL and its partners ASML and Siemens. "
Peter Wennink, ASML CEO: [19659005]" We have noted with satisfaction the intention of our partner VDL and support this recovery provided by the multi-year work guarantee we have issued.The preservation of high quality jobs in the technology industry is a priority
and we hope that the intention of take The next generation will soon become definitive so that these engineers and technicians can soon be active in our ecosystem. "
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