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.
Frutos Secos Medina, a Spanish producer of dried fruits, officially closed its plant in Móstoles (Madrid), resulting in an employment redundancy file (ERE) that affects over 100 employees. The decision follows the entry of Borges Agricultural & Industrial Nuts into the company’s capital and forms part of an industrial reorganisation to optimise operations under the new joint venture Borges Medina Foods Company (BMFC).
The closure, described as definitive, was mutually agreed upon during negotiations between management and worker representatives. Production from Móstoles is being consolidated into other sites, particularly the Reus (Tarragona) and Náquera (Valencia) facilities. The Reus plant will increase its workforce to absorb new production activities, while the Náquera site has received equipment from Móstoles and has launched a new fried corn line, supported by additional investment.
The joint venture between Borges and Frutos Secos Medina, created in September 2025, aims to establish a leading operator in the nuts, dried fruits, and snacks market. The company emphasises that the restructuring will strengthen its industrial base and improve efficiency across its production network. The company also suggests that the reorganisation was necessary due to the outdated state of the Móstoles facilities and the need to concentrate investment in more competitive production centres.
Eurofound (2026), Frutos Secos Medina , Closure in Spain, factsheet number 204038, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204038.