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.
Nolato Jaycare, a UK-based company which produces medical packaging in two locations in England, has announced that it will close its factory plant in Portsmouth by December 2020, making 115 employees redundant. A representative of the company said that it will move production from Portsmouth to its advanced plant in Newcastle, in the North of England to increase efficiency and returns. The company has stated that it would support the affected employees in finding new employment opportunities.
Nolato Jaycare is owned by Sweden-based Nolato Group. The factory in Portsmouth produced medicine bottles – it was acquired by Nolato in 2012.
Eurofound (2020), Nolato Jaycare, Relocation in United Kingdom, factsheet number 99672, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99672.
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