SecurityWorldMarket

20/01/2016

Gunnebo consolidates manufacturing

Gothenburg, Sweden

In a move said to be "optimising the company's global manufacturing footprint", manufacturing at the Gunnebo Group's Trier plant in Germany will be transferred to other manufacturing units within the Group. The plant has some 30 employees in manufacturing and a turnover of €9 million.

According to the company, the consolidation will predominantly be done to improve customer service levels and manufacturing efficiency.

The plan is to transfer production from Trier to manufacturing units in Binefar, Spain and Jakarta, Indonesia. Product development, prototyping and customer support functions for cash recycling products will however be kept in Trier.

A provision of MSEK 15 was taken during the fourth quarter of 2015.


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