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 insurance brokerage Candide group (formerly Delta Assurances) has announced the recruitment of 150 employees over the next two years to support its growth. Currently, Candide group has a turnover of €30 million and employs 350 people. It now aims to achieve a turnover of €43 million and therefore plans to hire 150 new employees. The group, which positions itself as a player in insurance and technological services for companies, has five subsidiaries, not all of which are specialised in insurance: Delta assurances, Çaassure, baloo, kwote and QuickMS. The group is independent and 100% owned by the Lecat family. It will thus rely on its own funds, its banking partners and BPI France to carry out its new operations.
Eurofound (2021), Candide, Business expansion in France, factsheet number 105606, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105606.