Bassin Parisien; Centre; Indre-et-Loire
Location of affected unit(s)
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

92 - 100 jobs
Number of planned job losses
Job loss
Announcement Date
27 July 2007
Employment effect (start)
1 August 2007
Foreseen end date
31 December 2007


The acquisition of Outiror, a French firm that retails DIY and gardening tools, by UK investment fund Sisu Capital Limited is to lead to between 92 and 100 job losses at Outiror. Outiror, at which 230 are employed, went into receivership in May 2007 with debts of 28 million EUR. Sisu Capital Limited then attempted to buy the bankrupted firm, before Tours Commercial Court authorized the acquisition on 27th July 2007. Sisu Capital Limited have stated that they will safeguard between 130 and 128 jobs at the company, yet will make 92 to 100 redundancies between August and December 2007. The UK firm has also not ruled out redeploying a further 60 employees, 30 of whom may be transferred to another site in the Calvados region.


  • 27 July 2007: AFP
  • 28 July 2007: Ouest France
  • 30 July 2007: Les Echos


Eurofound (2007), Outiror, Merger/Acquisition in France, factsheet number 65653, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65653.