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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Other Specialised Wholesale 46.74 - Wholesale of hardware, plumbing and heating equipment and supplies
200 jobs Number of planned job creations
Announcement Date
2 May 2007
Employment effect (start)
30 April 2002
Foreseen end date
30 April 2007
Description
Legallais Bouchard, the leading French wholesaler of hardware, announced on 2 May 2007 that the family company has created 200 jobs between May 2002 and May 2007, increasing the workforce size to 450 employees. At the end of 1999, part of the family shareholders left the company and the investment fund '3i' invested in the company. Since then, the company has doubled its sales turnover, invested more than 20 million Euro and created 200 jobs. At the end of March 2007, 3I sold its owenership of 40% to the family which has become again the only owner of the company.
Sources
3 May 2007: Ouest France
Citation
Eurofound (2007), Legallais Bouchard, Business expansion in France, factsheet number 65298, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65298.
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