The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Schleswig-Holstein; Schleswig-Holstein; Lübeck, Kreisfreie Stadt
Location of affected unit(s)
Lübeck
Sector
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.32 - Manufacture of other parts and accessories for motor vehicles
127 jobs Number of planned job losses
Announcement Date
13 March 2025
Employment effect (start)
13 March 2025
Foreseen end date
2 April 2025
Description
As announced on 13 March, the German automotive supplier Alu Druckguss, a subsidiary of the AE Group, is closing its site in Lübeck (Schleswig-Holstein). The closure will affect 127 employees.
The company had filed for insolvency under self-administration in August 2024 but was unable to find an investor. The employees will be laid off by April 2025. Over the course of the year, it became known that the remaining sites of the AE Group in Gerstungen (Thuringia) and Nentershausen (Hesse) will also have to close. This is also recorded in the ERM database AE Group - GER.
Eurofound (2025), Alu Druckguss, Closure in Germany, factsheet number 203324, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203324.
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