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 Henri Ducros transport company, based in the Bordeaux region, was placed in receivership at the end of January 2024 and all its 250 employees will be made redundant. In the absence of a buyer, the Bordeaux court ordered its liquidation on Wednesday 13 March, with direct dismissal starting at 14 March. Specialised in palletised freight, the French transport company has seen its volumes fall considerably, while costs remained the same. Even though the agency of Narbonne had good results lately, in the main scenario the company could not keep up with the changes. This modification in the pricing impacts directly on the finances of the transport company.
Eurofound (2024), Transports Henri Ducros, Bankruptcy in France, factsheet number 200958, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200958.