Reijmer/Russell on M&A Directions: Can We Talk? Not Necessarily
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If facilities will be merged as a result of the sale, there may be job attrition. There are no hard and fast rules for sharing this admittedly painful information except to tell employees that affected personnel will be notified in due course. For the sake of workforce stability, sooner is better than later for eliminating redundant positions.
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Albert J. Reijmer
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Al Reijmer, partner at New Direction Partners, brings over 40 years of industry experience including various roles as a printing firm owner and as a supplier of printing presses. As a senior executive in two global press manufacturers, he utilized his hands-on production, finance and management experience to assist printing and packaging firms analyzing their equipment acquisition requirements through comprehensive investment analysis and ROI evaluations. Contact him at (610) 230-0635, ext. 707.
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