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.
On 28 January 2014 shrimp processor Heiploeg was declared bankrupt. However, the activities will be taken over by Parlevliet en van der Plas, the main competitor of Heiploeg. The takeover will result in the loss of 90 jobs, while 300 jobs will be saved. Parlevliet will also acquire the foreign activities of Heiploeg, where some 3,000 are employed.
Heiploeg got into financial trouble after financing takeovers with money from the banks. The firm has also been fined by the European Commission for making illegal pricing arrangements with a group of competitors.
Eurofound (2014), Heiploeg, Merger/Acquisition in Netherlands, factsheet number 76544, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76544.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
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