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 Beverages 11.03 - Manufacture of cider and other fruit wines
128 jobs Number of planned job losses
Announcement Date
30 October 2006
Employment effect (start)
1 November 2006
Foreseen end date
Description
The commercial court of Bordeaux, in the south-west of France, announced on 30 October 2006 that Société d'embouteillage du Dehez (SED), the largest producer of red wine in Gironde, is bankrupt and has to be closed on 1 November 2006.
The decision was made due to the important financial difficulties the company had and the fact that no other enterprise proposed to buy SED. As a result of this 128 employees are to lose their jobs.
Sources
31 October 2006: Les Echos
Citation
Eurofound (2006), Société d'Embouteillage du Dehez (SED), Bankruptcy in France, factsheet number 64347, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64347.
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