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.
Tipperary-based engineering company, Buttimer Engineering, is to create 200 jobs over the next three-years, more than doubling its current workforce. The company is a diversified engineering business specialising in bulk material handling systems and steel fabrication.
The job announcement follows a major investment by Irish capital fund management firm Development Capital. Buttimer Engineering is now expecting increased revenues over the next few years, going from €25 million to €65 million.
Under its growth plan, the company is to target areas such as the UK ports and infrastructure sector, the provision of data centre solutions and the creation of an electrical engineering division.
Eurofound (2024), Buttimer Engineering, Business expansion in Ireland, factsheet number 202286, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202286.