Raue LLP Advises Mundipharma on Comprehensive Restructuring

Raue LLP has advised and represented the Limburg pharmaceutical company Mundipharma on a fundamental restructuring process. On 28 September 2017, an agreement was reached with the works council on the conciliation of interests and on a social plan.

The company is being reorganized into a focused sales organization at a new location in Frankfurt / Main featuring a reduced field sales crew. The company’s own production and R & D activities at the Limburg site will be abandoned. The personnel reduction comprises about 600 of the former approximately 770 full-time positions.

(5 October 2017)