Business · Companies · 6 hrs ago

Paderborn brewery workers await decision on sale or closure

Paderborn brewery workers await decision on sale or closure

More than 100 Paderborn brewery employees face uncertainty as the business awaits a decision on whether it will be sold or closed.

The brewery is in Paderborn, in western Germany, and belongs to the Warsteiner group, which operates as the Haus Cramer Group.

The group's new chief is due to brief staff on Thursday at a workers' meeting.

He is expected to say whether talks with potential investors have concluded, but no outcome has been announced yet.

The group is reducing its brewing capacity by 30 percent as it separates from two breweries in the region.

A union says a social agreement covers 220 affected workers in Paderborn and Herford, including severance pay; if the sale fails, dismissal notices could be sent no earlier than November.

The 1852-founded brewery's future now depends on the sale talks.

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