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 American company Exide Technologies, specialising in the manufacture and distribution of lead-acid batteries, has announced the closure of its factory located in Lille-Sud, which employs nearly 200 people.
The company cited economic difficulties and market overcapacity as the primary reasons for its closure decision. It also stated that it was on the lookout for buyers and that it was about to set up a job protection plan. Layoffs are not expected to begin before the beginning of 2026. Exide Technologies' difficulties must have been compounded by an incident involving lead contamination in the surrounding soil.
Eurofound (2025), Exide Technologies, Closure in France, factsheet number 202957, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202957.
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