Type
Merger/Acquisition
Country
France
Region
Bassin Parisien; Basse-Normandie; Calvados
Location of affected unit(s)
Hérouville-Saint-Clair
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21.1 - Manufacture of basic pharmaceutical products

107 jobs
Number of planned job losses
Job loss
Announcement Date
23 February 2012
Employment effect (start)
Foreseen end date

Description

Pharmaceutical company Merck Sharp & Dohme has recently acquired the factory in Hérouville-Saint-Clair (Calvados) from Schering-Plough as part of a merger. The move will result in the loss of 107 jobs of a total 422 staff employed at the site. Direct dismissals are ruled out.

The company intends to invest 4.21mn in the newly acquired site. In doing so, the company will increase capacity, improve efficiency and health and safety standards. The site produces drugs including antibiotics, antivirals and cancer treatments, mainly in liquid form.


Sources

  • 23 February 2012: L'usine Nouvelle

Citation

Eurofound (2012), Laboratoire Merck Schering-Plough, Merger/Acquisition in France, factsheet number 73307, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73307.