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.
Manchester, Chapel-en-le-Frith, Braintree and East Kilbride
Sector
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72.11 - Research and experimental development on biotechnology
280 jobs Number of planned job losses
Announcement Date
2 October 2019
Employment effect (start)
30 September 2019
Foreseen end date
Description
Concept Life Sciences, which provides research and development for clients in several scientific sectors, has reportedly closed four of its UK sites causing 280 sudden job losses. The reduction occurs in Manchester, Chapel-en-le-Frith, Braintree and East Kilbride. A consultation process is understood to have been started in June 2019, though the decision to close the sites is reportedly a surprise to the workers. The business changed ownership 18 months ago and is now owned by Spectris. The company is listed on the London Stock Exchange and it has headquarters in London.
Eurofound (2019), Concept Life Sciences, Internal restructuring in United Kingdom, factsheet number 98832, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98832.
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