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.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.11 - Processing and preserving of meat
235 jobs Number of planned job losses
Announcement Date
4 July 2018
Employment effect (start)
9 July 2018
Foreseen end date
31 July 2018
Description
The commercial court of Rouen has decided the liquidation of the Abattoirs industriels de la Manche (AIM), a pork slaughterhouse. A group of pig farmers who made an offer and expected to keep 160 of the 235 employees, failed to obtain the support of banks and announced to the court that they were withdrawing their take-over offer. Therefore, the court had no other choice to pronounce the liquidation. The company was placed in receirvership on 4 April. In February 2015, the commercial court of Coutance approved two take-over offers for the Abattoirs industriels de la Manche (AIM) with the consequent loss of 314 jobs losses of a total of 590.
Sources
Citation
Eurofound (2018), Abattoirs Industriels de la Manche, Bankruptcy in France, factsheet number 94486, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94486.
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