SMSLS - Serrurerie et Mécanique Saint-Loise

Type
Merger/Acquisition
Country
France
Region
Normandie; Basse-Normandie ; Manche
Location of affected unit(s)
Saint-Lô
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
130 jobs
Number of planned job losses
Job loss
Announcement Date
5 October 2010
Employment effect (start)
1 November 2010
Foreseen end date
31 January 2011

Description

On 15 October 2010, the Commercial Court of Coutances accepted the take over of locksmithing company SMSLS by a steering committee composed of 7 employees and 1 retiree, which will lead to the dismissal of 130 employees. 

Sources

Citation

Eurofound (2010), SMSLS - Serrurerie et Mécanique Saint-Loise, Merger/Acquisition in France, factsheet number 71060, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71060.