Ytong S.A -CARMYCO S.A
Corporate Employment & Labour Law
PARTNERS WHO LED THE ADVICE:
Acting as legal advisors to Ytong S.A we proceeded in an extensive employment Due Diligence in respect to the employment relations of CARMYCO S.A before the latter was acquired from Ytong S.A. Furthermore and following the acquisition of CARMYCO S.A by Ytong S.A, we implemented a cost reduction scheme, which reduced the annual labour cost of the company. The estimated cost saving reached the amount of 1.500.000 euros in a yearly basis.