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.
Verescence, a French leading luxury perfume and cosmetics company is set to receive €5 million from the European Just Transition Fund. The investment will lead to the creation of nearly 120 jobs on two new production lines. The transformation concerns the Mer-les-Bains plant, where the company plans to hybridize two glass furnaces, using electricity and biogaz.
The group currently generates revenue of €430 million and employs 2,500 people across its four production sites. The new initiative represents a significant development for this luxury bottle specialist, aiming to reduce CO2 emissions while optimizing its production capacities.
Eurofound (2025), Verescence, Business expansion in France, factsheet number 203091, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203091.