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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
183 jobs Number of planned job losses
Announcement Date
8 June 2006
Employment effect (start)
Foreseen end date
29 December 2006
Description
Founded in 1788, Laperche manufactures locks for buildings and safety locks for entrance doors. It was bought in 1997 by the Swedish-Finnish Assa-Abloy Group. On 8 June 2006 the CEO announced the closure of its single factory (183 jobs) before the end of the year (2006). The reasons given stem from competitiveness issues, more specifically Asian competition. Some employees from Laperche could be offered jobs by other companies of the Assa-Abloy Group, which employs 2,000 people in France.
Sources
9 June 2006: Les Echos
Citation
Eurofound (2006), Laperche, Closure in France, factsheet number 63603, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63603.
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