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.
Wrigley's the sweet-maker has announced it is to close its Bridgend factory with the loss of 173 jobs. The plant, which makes the extra strong mints Altoids, used to be owned by Kraft but was bought by Wrigley in May 2005. US-based Wrigley said it would shut the plant by March 2006 and transfer production to America. The firm said the decision was based on a global review of its assets, which would also include the closure of two Wrigley plants in the US. Wrigley officials said their discussions with union officials may include possible relocation and retraining of employees.
Eurofound (2005), Wrigley, Offshoring/Delocalisation in United Kingdom, factsheet number 61816, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61816.