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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Trade, Except Of Motor Vehicles And Motorcycles 47 - Retail trade, except of motor vehicles and motorcycles
300 jobs Number of planned job creations
Announcement Date
31 May 2007
Employment effect (start)
1 October 2008
Foreseen end date
30 June 2009
Description
On 31 May 2007 Leroy Merlin, a subsidiary of the Adeo Group and the French leader of household tools and materials, announced that it would build a 14,000 square-metre store and a logistic platform for the south of France in Valence. The investment is expected to create 300 new jobs -150 at the store and 150 at the logistic platform- between October 2008 and July 2009. The decision is part of the expansion plan of the company in the south-east of France, where Leroy Merlin did not have any warehouse. The logistic platform will open first, in winter 2008, while the store is expected to open by July 2009. In June 2007 Leroy Merlin had 107 stores in France.
Sources
1 June 2007: Les Echos
Citation
Eurofound (2007), Leroy Merlin, Business expansion in France, factsheet number 65435, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65435.
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