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.
Meat producer Nigel Fredericks has ceased trading, resulting in the immediate loss of all 250 jobs. The company was based across two sites, with its headquarters in Colindale, North London and a distribution centre in Mansfield, Nottinghamshire.
The business had been under pressure for some time, entering administration in September 2018, and then subsequently being acquired by a new set of independent shareholders and directors. Despite signifcant investment in the business, the turnover of the business did not improve enough to make the company viable in the longer term. New administrators have been appointed and the remaining assets will be sold off.
Eurofound (2019), Nigel Fredericks, Bankruptcy in United Kingdom, factsheet number 97965, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97965.
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