Overview

• Henkel will shut down its Heidenau plant, the last in East Germany, by the end of 2024, impacting 40 employees.
• The decision, made in consultation with the local works council in May 2023, aligns with Henkel's strategy to optimize its European production network.
• The Heidenau facility, known for producing hot melt adhesives, will have its operations relocated to other European sites.
• Henkel has negotiated an interest compensation agreement, offering early retirement and severance packages to affected workers.
• Employees are being supported with job search assistance and potential relocation opportunities within Henkel's other German locations.