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.
Muller Milk and Ingredients has announced plans to restructure its business alongside a plan for major investment in the company. The GBP 60 million investment will upgrade facilities at its sites in Manchester, Bridgwater, Droitwich, Severnside and Foston which will create a total of 180 new jobs. However, Muller has also confirmed that it will commence a 45 day consultation period on 10 November 2016 for workers at the Chadwell Heath dairy in North East London. The dairy is no longer considered viable and the proposals are for its gradual wind-down culminating in a closure over an 18 month period. The closure of the site will lead to the loss of 389 jobs. The ERM has previously reported on an internal restructuring at the company announced in March 2016.
Eurofound (2016), Muller, Closure in United Kingdom, factsheet number 89096, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89096.