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.
Wholesale / Retail 46 - Wholesale trade 46.1 - Wholesale on a fee or contract basis 46.13 - Activities of agents involved in the wholesale of timber and building materials
225 jobs Number of planned job losses
Announcement Date
20 April 2012
Employment effect (start)
21 April 2012
Foreseen end date
Description
As many as 225 jobs are reported to have been lost following the liquidation of Cork-based timber supplier, Brooks Haughton. The firm, which has locations around Ireland, was reported not to be financially viable, leading to its closure.
Brooks Haughton has been operating in Cork for over 200 years.
Sources
21 April 2012: The Irish Examiner
Citation
Eurofound (2012), Brooks Haughton, Bankruptcy in Ireland, factsheet number 73587, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73587.