Unite seeks jobs promise after Weetabix deal

By Mike Stones

- Last updated on GMT

Related tags: Unite national officer, Employment, Corporate finance

Unite wants to meet Weetabix's new owners to seek assurances about the job security of its members
Unite wants to meet Weetabix's new owners to seek assurances about the job security of its members
Unite the union is seeking assurances about the job security of 100 of its members who work at the Northamptonshire-based cereal manufacturer, Weetabix after the Chinese firm, Bright Food acquired a 60% stake in the firm.

Unite national officer for food, Jennie Formby said: “While it is too soon to know the impact this​ [acquisition] will have on the business, Unite’s concern, at times like this, is always to seek assurances from new owners that our members must not pay the price of any takeover with their jobs and/or a diminution in their employment conditions.​ 

Greater security

“However, we very much hope that the statements from Bright Food that they will be looking to develop and grow the business will instead lead to greater security.

“We would like a meeting with the new owners as soon as possible to seek reassurances that jobs will be safeguarded.”

The Shanghai-based firm acquired the 60% stake in Weetabix from private equity company, Lion Capital. 

Related topics: Bakery, Cereals and bakery preparations

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