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 commercial court of Romans-sur-Isère has pronounced the judicial liquidation of the used car parts distributor Eagle Spare Parts, whose head office was located in Châteauneuf-sur-Isère (Drôme). With this judgement, the 100 employees of the company will be made redundant. It seems that the company, created in 2018, has grown too fast. Since 2020, the founder has made major investments with the aim of quickly setting up a powerful regional integrated logistics system which was no developed as fast as planned.
Eurofound (2022), Eagle Spare Parts, Bankruptcy in France, factsheet number 106977, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106977.