Type
Bankruptcy
Country
Belgium
Region
RĂ©gion Wallonne; Prov. Brabant Wallon; Arr. Nivelles
Location of affected unit(s)
Woutersbrakel
Sector
Retail
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Other Specialised Wholesale
46.73 - Wholesale of wood, construction materials and sanitary equipment

143 jobs
Number of planned job losses
Job loss
Announcement Date
5 August 2019
Employment effect (start)
8 August 2019
Foreseen end date

Description

Carimat Group, a Belgian group specialised in the distribution of building materials has filed for bankruptcy for most of its subsidiaries. The family owned business has been active for over 30 years but is forced to close its doors due to accumulating debts.

Due to the division of the group into several smaller subdisiaries no local trade union delegation had been established. Because of this, little information is made available and contact will mainly be on an individual basis between employees and the management. The types of dismissal, and arrangements that will be settled, for the employees losing their job is therefore unknown.


Sources

Citation

Eurofound (2019), Carimat, Bankruptcy in Belgium, factsheet number 98262, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98262.