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.
Froneri France has announced the closure of the Nestlé ice cream factory in Beauvais (Oise). The site will cease operations in early 2019 and its 317 positions will be cut. Froneri France explains having to 'engage in a deep and global overhaul of its organisation and its growth model' in order to face a 'difficult environment'. At the same time, the company plans to create 98 positions in another production site at Plouédern (Finistère). A net loss of 219 positions should be effective from the first quarter of 2019.
The Beauvais site has undergone a succession of restructuring plans in the last twenty years. In 1997, the plant had 1,450 employees, then 777 in 2005. There were several successive plans from 2000 to 2003 (154 job cuts). About 150 job cuts were announced in 2007. After a new plan in 2011 with 171 job cuts and the restructuring of 2014, Nestlé in Beauvais then had 330 people in production and a hundred at the research centre. A further restructuring plan in 2014-2015 eliminated 165 positions. The announcement provoked the reaction of the trade unions.
According to Froneri, preliminary contacts are underway with a possible buyer for the Beauvais plant. Froneri was created from a merger, in October 2016, of the Swiss food giant Nestlé and of the British R&R. Nestlé is a shareholder of Froneri at 49%.
Eurofound (2018), Froneri France, Closure in France, factsheet number 95616, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95616.
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