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.
Tile manufacturer British Ceramic Tile has entered administration which has resulted in the immediate loss of 313 jobs. The company which has sites at Newton Abbot and Cullompton in Devon, and Cleckheaton in West Yorkshire is understood to have lost a major contract resulting in the business's collapse. Of the job losses the vast majority are at the sites in Devon, with 270 being lost at Newton Abbot and a further 10 at Cullompton. The remaining job losses are in West Yorkshire.
Sixty-seven staff are being kept on to assist with the wind down of the company. A spokesperson for the administrators confirmed that the business was open to offers from investors.
Eurofound (2019), British Ceramic Tiles, Bankruptcy in United Kingdom, factsheet number 97318, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97318.
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