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.
Debflex is family business headquartered in France; it produces low voltage electrical devices whose production was offshored and out-sourced to Chinese suppliers. In 2017, it signed an agreement with a French contract manufacturer located in Eu (Normandie) for the production of some high-tech devices (e.g. controlled switches for smartphone). The production in the French site is expected to start at the end of 2017 adopting highly automated production lines which will permit to reshore - by the end of 2018 - around 25% of the production earlier realized by Chinese suppliers. The French partner will also collaborate with Debflex for developing new innovative products. However, the production of low tech devices will remain in China since production costs for these items are still lower there.
Eurofound (2017), Debflex, Reshoring in France, factsheet number 47, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/47.