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.
A West Yorkshire bakery is to close with the loss of 100 jobs. The Co-operative Group, which owns the Townville Bakery in Castleford, said it regretted the decision but added the operation was not viable. Attempts to find another buyer had proved unsuccessful, a spokesman said. The group plans to close the bakery on 14 May 2005. It has entered into talks with trade union USDAW and said it would help staff find alternative jobs.
The Co-operative Group bought the bakery in 2002 from foodstore chain GT Smith.
Eurofound (2005), Townville Bakery, Closure in United Kingdom, factsheet number 61398, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61398.