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 Manufacture Of Food And Beverage Manufacture Of Food Products 10.81 - Manufacture of sugar
200 jobs Number of planned job losses
Announcement Date
24 February 2004
Employment effect (start)
Foreseen end date
Description
CSM, the Dutch company specialized in food products, announced on 24 February 2005 200 job cuts. This decision concerns the closure of three French sites. CSM had already sold in 2004 one of its French subsidiary and keeps on reorganizing its French activity. The three closures account for 200 job reductions in the Maubeuge (Nord), Thoiry (Yvelines) and Petit-Couronne (Seine-Maritime) manufactures. CSM will regroup the production in the Mans and Maubeuge Quick Pain sites. The cost of this restructuring is about 20 millions euros.
Sources
24 February 2005: Les Echos
Citation
Eurofound (2004), Délices de la Tour, Closure in France, factsheet number 61277, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61277.
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