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.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Beverages 11.01 - Distilling, rectifying and blending of spirits
126 - 203 jobs Number of planned job losses
Announcement Date
27 March 2006
Employment effect (start)
31 May 2006
Foreseen end date
30 November 2006
Description
Remy Cointreau is engaged in the production and distribution of wines and spirits. The Company has four principal divisions. Whilst continuing to refocus on its key brands, Rémy Cointreau maintains its objective of double-digit organic growth in operating profit on ordinary activities in 2005/06, the company concluded. The firm is expected to shed 10% of its combined work force of 1,844. 126 have opted for voluntary redundancy and 55 have accepted for pre-retirement measures.
Eurofound (2006), Rémy Cointreau, Internal restructuring in France, factsheet number 63251, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63251.
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