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.
Arc, the French glass products manufacturer, plans to cut at least 300 jobs following its recent acquisition. The company also expects around 100 voluntary departures. The social plan also takes into account that nearly 400 employees are close to retirement age. In total, there will be 800 vacancies.
The job reductions would occur as part of a takeover proposal submitted by the former CEO in the context of the company’s placement into judicial reorganisation in early January 2026. The company didn't resist the last events: in recent years, the company have endured the Covid-19 pandemic, soaring energy costs and inflation, and has also suffered from historic flooding in Pas-de-Calais in 2023 and 2024.
Negotiations regarding the acquisition of Arc in France are scheduled to take place in March. The social plan, however, will be implemented before the completion of the acquisition.
Updated 20 March 2026
Following the takeover by Timothée Durand, 704 jobs will be cut of the total 3,500 workforce. The tribunal of Tourcoing approved the takeover offer. This restructuring will take place through both voluntary departures and firings. The CGT union critiqued the lack of provisions for employees by the French government. The CFE-CGC, on the other hand, describes the takeover as violent.
Eurofound (2026), Arc France, Merger/Acquisition in France, factsheet number 204115, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204115.
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