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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.23 - Manufacture of other builders\' carpentry and joinery
150 - 207 jobs Number of planned job losses
Announcement Date
26 July 2018
Employment effect (start)
8 August 2018
Foreseen end date
31 December 2018
Description
Placed in receivership at the beginning of July, the joinery Menuiserie Grégoire at Saint-Martial-d'Artenset (Dordogne), could be taken over. Indeed, two buyers have come forward, but nearly half of the employees could be dismissed. Between 150 and 207 employees could lose their job, depending on the takeover offer that will be preferred by the commercial court. The choice of the buyer will be announced on 8 August. The company currently employs 430 people.
Sources
Citation
Eurofound (2018), Menuiserie Grégoire SA, Merger/Acquisition in France, factsheet number 94708, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94708.
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