Type
Closure
Country
France
Region
Pays de la Loire; Pays de la Loire; Mayenne
Location of affected unit(s)
Laval
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
13 - Manufacture of textiles
13 - Manufacture of textiles

120 jobs
Number of planned job losses
Job loss
Announcement Date
26 September 2025
Employment effect (start)
1 January 2026
Foreseen end date
28 February 2026

Description

TDV Industries, a French textile company, is set to close at the beginning of 2026, resulting in the loss of 120 jobs. The plant located in Laval (Mayenne) has been facing a severe crisis, as management announced in September. By the end of the month, they confirmed its definitive closure. According to management, the decision was made due to the growing competition and unfavourable economic context. For their part, trade unions denounce the lack of dialogue or negotiation with social partners in this decision. Also they point out that such measure feeds the ongoing trend of offshoring in the textile industry towards low-cost production countries.


Sources

Citation

Eurofound (2025), TDV Industries, Closure in France, factsheet number 203399, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203399.