Type
Internal restructuring
Country
France
Region
Sud-Ouest; Midi-Pyrénées; Aveyron
Location of affected unit(s)
Bozouls and Entraygues-sur-Truyère
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31.02 - Manufacture of kitchen furniture

170 jobs
Number of planned job losses
Job loss
Announcement Date
6 December 2011
Employment effect (start)
Foreseen end date
8 February 2012

Description

The Meaux commercial court has decided to liquidate the factories Valaubrac and Amarilis (Averyon) owned by the kitchen and furniture manufacturer Cauval Industries. The factories are set to close in February with the loss of 170 jobs. The liquidation and consequent closure is blamed on the difficulties the factories went through during the economic crises in 2008. 


Sources

Citation

Eurofound (2011), Cauval Industries, Internal restructuring in France, factsheet number 72839, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72839.