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.
French co-operative food group Val Nantais announced on 30 April 2007 that it is planning to create 160 jobs between June 2007 and June 2010. The French food group is investing 15 million Euros in its Saint Julien de Concelles plant, near Nantes, in the Loire Atlantique department, in order to develop the production of pre-packaged, ready-to-eat lettuce. The two-stage programme will increase production capacity from 1,200 to 10,000 tonnes. Val Nantais hopes to capitalise on the increasing reluctance of consumers to wash lettuce themselves, a pattern that is causing sales of these ready-to-eat products to grow by 10% annually. Val Nantais currently employs 200 staff, producing 30,000 tonnes of vegetables that generate 50 millions Euros in sales.
Eurofound (2007), Val Nantais, Business expansion in France, factsheet number 65300, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65300.
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