Restructuring events
European Restructuring Monitor (ERM)
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.
Food products distributor Europeenne Food will partially be taken over by Ponoma group, resulting in 218 job cuts. Jobs likely will be lost in Villeneuve-Saint-Georges and Fresnes.
This follows a decision by Creteil commercial court on October 30. Europeenne Food had announced insolvency on 20 September and entered into administration 5 days later.
Ponoma is to take over 106 staff from a total workforce of 324. 54 workers are to be kept at the site in Fresnes (Val-de-Marne) and Europeenne Food’s headquarter at Villeneuve-Saint-Georges. The remaining 52 workers will be relocated to Ponoma’s sites in the country.
Pomona is headquartered in Antony (Hauts-de-Seine), employing 8,800 workers in 140 sites in France.
Eurofound (2013), Europeenne Food, Merger/Acquisition in France, factsheet number 76108, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76108.