Restructuring events
European Restructuring Monitor (ERM)
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.
The Spanish supermarket chain Supersol, property of the Lithuanian retail group Maxima, has announced a collective redundancy plan affecting 252 employees in both central and regional offices.
The trade union UGT has pointed out that this workforce staff adjustment is a consequence of the announced purchase of 172 Supersol supermarkets (mainly in Andalusia and Madrid) by the French multinational Carrefour for €78 million.
Currently, the company and workers' representatives are negotiating the terms of the plan. This announcement comes after the collective redundancy of the company in 2019, which finally affected 294 people.
Eurofound (2021), SuperSol, Merger/Acquisition in Spain, factsheet number 103541, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/103541.