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.
Leeds based manufacturer of plumbing materials, Pegler Yorkshire, has announced plans to close its site in Stourton (Leeds). The move will affect 110 employees. The company employs 1,200 across six sites and the proposed closure of the Stourton site is being made to consolidate manufacturing at the remaining five sites. The site at Stourton has been open since 1888. A 90-day consultation period has started and the company has said that it will look at ways of minimising job losses.
Eurofound (2015), Pegler Yorkshire, Closure in United Kingdom, factsheet number 79188, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79188.