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.
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.
Eurofound (2006), Société d'Embouteillage du Dehez (SED), Bankruptcy in France, factsheet number 64347, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64347.
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