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.
The French-German company Doctolib which has developed an online scheduling platform for all sorts of doctors, from local physicians to big city hospitals, has announed it will acquire its main competitor Mondocteur from Lagardère Group, and recruit at least 400 new employees. "With 55,000 practitioner users and 20 million patient visits each month," the Doctolib and MyDoctor group "now provides the world's most widely used online medical appointment service," said Doctolib in a statement.
These two startups will form a single big company after the acquisition with 600 employees (450 from Doctolib and 150 from MonDocteur). It will also lead to a huge jump in monthly recurring revenue. The company expects to reach 1,000 employees in the next year, which means it aims to recruit at least 400 employees. The company will triple the number of engineers in its R&D department mainly in Germany to reach a workforce of 250 engineers.
Eurofound (2018), Doctolib, Business expansion in European Union, factsheet number 94707, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94707.