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.
Manufacturing (10 - 11) Manufacture of food and beverage 10.9 - Manufacture of prepared animal feeds 10.91 - Manufacture of prepared feeds for farm animals
60 jobs Number of planned job losses
Announcement Date
5 June 2026
Employment effect (start)
5 June 2026
Foreseen end date
31 December 2027
Description
Innovafeed, a French company specialised in animal nutrition based on insects, is cutting 60 positions. This will lead to the closure of its research and development site in Gouzeaucourt (Nord). The decision follows a fresh €51 million funding round and reflects a strategic shift toward commercial expansion and a focus on the company’s industrial plant in Nesle (Somme). The restructuring is aimed at accelerating sales in pet food and aquaculture markets. Several companies in the insect farming sector are facing difficulties.
Citation
Eurofound (2026), Innovafeed, Internal restructuring in France, factsheet number 300526, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300526.