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.
The American group Kohler, the world's third-largest manufacturer of generating sets (also present in the bathroom supplies market), has announced the recruitment of 100 people for its generating set business, including 80 in France and 65 at the Guivapas site near Brest (Finistère). In total, these new hires represent 10% of the current workforce of 800, and follow on from 118 new hires since the start of the year. The Kohler site at Guipavas (formerly SDMO) manufactures 32,000 parts annually. To address recruitment difficulties, the company has introduced a €500 'co-optation bonus' for every successful candidate recommended by an employee or their family.
Eurofound (2023), Kohler, Business expansion in France, factsheet number 109305, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109305.