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.
US transport and logistics company XPO Logistics, that acquired the major French logistics company Norbert Dentressangle in 2015, has rented a large warehouse in Saint-Jean-de-Linières (Maine-et-Loire) near Angers, resulting in the creation of at least 150 jobs by 2021. This new logistic centre will work exclusively with the do-it-yourself stores network Leroy Merlin located in the West of France. XPO will start its activities by Januray 2019, with 35 employees coming from the XPO site at Chemillé-en-Anjou, before progressively recruiting new employees. XPO expects to recruit 50 employees in 2019. By 2021, about 150 positions will be created.
Eurofound (2018), XPO, Business expansion in France, factsheet number 95700, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95700.