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.
Mae Innovation is a French silicone mold specialist for the agri-food and cosmetic industries created in the 1994 with a workforce of twenty employees. In 2022, it relocated to La Ville-aux-Dames the production of bread baking supports from Turkey and other production activities from Montlouis, France. The company realized a new sustainable and energy-efficient 1,000 m2 facility and was supported by a 4.2 million euros from the national Industrial Investment Acceleration Fund. The company expected to create 5 to 10 highly skilled jobs following the relocation. The investment also included plans to digitize operations within the company. Thanks to this relocalization initiative, 95% of its production will be locally manufactured.
Eurofound (2022), Maé Innovation, Reshoring in France, factsheet number 272, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/272.