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 Bordeaux has declared the judicial liquidation of the goods transport and delivery company Tam Tam. All its 170 employees will be dismissed. The headquarters is based in Yvrac (Gironde). Founded in 1986, in 2019 Tam Tam was bought by the Labatut group (which claims 650 employees and 250 vehicles). Tam Tam was placed in receivership in April 2002 before declaring itself in suspension of payments. Since the company was placed in receivership, no buyer has come forward. The court therefore had no choice but to liquidate the company.
Eurofound (2022), Tam Tam, Bankruptcy in France, factsheet number 107426, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107426.