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.
Enterprise Inns has taken over the Unique Pub company in Oxfordshire and indicated that it intends to switch head office operations to its Solihull base following completion of the £609m takeover. The 100 redundancies will arise from the merging of office functions.
Enterprise Inns currently operates around 5,080 pubs and this deal will add another 4,050 unbranded sites from Unique. There is a need to sell about 250 pubs to address competition concerns in areas where it might have more than 25 per cent of local pubs following the Unique deal.
Eurofound (2004), Enterprise Inns, Merger/Acquisition in United Kingdom, factsheet number 59181, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59181.