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.
Mahle Powertrain, the UK subsidiary of Germany-based Mahle GmbH, closed its manufacturing site in Wellingborough, Northamptonshire, England on 27th April, making 110 employees redundant. The company specialises in the design, development, manufacture, assembly and test of internal combustion engines and hybrid powertrain systems. Its engineering research centre and UK head office in Northampton are not affected by the job reductions.
The manager of the now closed factory said that the decision to close the plant was due to the uncertainties around diesel engines and more generally, around the automotive market. He added that “Brexit may have something to do with" the closure.
Mahle Powertrain had 458 employees in the UK and around 600 in in Germany, Brazil, USA, Japan and China. The wider Mahle Group has around 80,000 employees in 32 countries.
Eurofound (2018), Mahle Powertrain, Closure in United Kingdom, factsheet number 94252, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94252.