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 company Alpro, a subsidiary of the American company WhiteWave, is investing 80 million euro in 2015 in new production lines, the bulk of it in Belgium. The company will recruit 250 new employees in total, of which 200 for the Belgian establishment in Wevelgem. Alpro produces vegetable-based drinks and food products (soya milk, coconut milk, almond milk). The market for these products is growing at around 15-20% per annum and Alpro's sales have surpassed the industry average growth rates. Alpro's investment will amount to 8 new production lines bringing the total number of production lines to 26. The largest Alpro establishment, in Wevelgem, will benefit from 5 of the new production lines. The remainder will be added to another company establishment in the UK.
Eurofound (2015), Alpro, Business expansion in Belgium, factsheet number 79157, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79157.