Type
Merger/Acquisition
Country
France
Region
Est; Lorraine; Vosges
Location of affected unit(s)
Mattaincourt
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31.02 - Manufacture of kitchen furniture

43 jobs
Number of planned job losses
Job loss
Announcement Date
10 April 2014
Employment effect (start)
1 May 2014
Foreseen end date
30 June 2014

Description

The commercial court of Epinal approved the take over of the French furniture manufacturer group Parisot by 12 of its former managers with the consequent loss of 43 jobs at its production site in Mattaincourt - Manufacture vosgienne de meubles (MVM). As reported, 26 jobs will be eliminated by voluntary means. 


Sources

  • 10 April 2014: Le Figaro
  • 17 April 2014: Vosges Matin
  • 11 April 2014: Les Echos
  • 10 April 2014: Usine Nouvelle

Citation

Eurofound (2014), Manufacture vosgienne de meubles (MVM), Merger/Acquisition in France, factsheet number 76890, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76890.