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 (10 - 11) Manufacture of food and beverage 10.1 - Processing and preserving of meat and production of meat products 10.1 - Processing and preserving of meat and production of meat products
250 jobs Number of planned job losses
Announcement Date
15 September 2008
Employment effect (start)
Foreseen end date
31 October 2008
Description
Waterford-based poultry producer Cappoquin Chickens is to close by the end of October 2008. The company, which is one of Ireland's largest poultry producers, employs 250 people and has been operating for nearly 50 years. In August 2008, the company announced it was going into liquidation after serious financial losses. Talks to save the firm broke down after a buyer could not be found.
Sources
16 September 2008: The Irish Examiner
Citation
Eurofound (2008), Cappoquin Chickens, Closure in Ireland, factsheet number 67116, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67116.