Type
Merger/Acquisition
Country
France
Region
île de France; Hauts-de-Seine;
Location of affected unit(s)
Rueil-Malmaison
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41.2 - Construction of residential and non-residential buildings

140 jobs
Number of planned job losses
Job loss
Announcement Date
18 April 2012
Employment effect (start)
1 May 2012
Foreseen end date
31 May 2012

Description

On 18 April, the Commercial Court of Nanterre agreed the partial takeover of Litwin (230 engineers and technicians), a company designing and building industrial units. The plant in Mulhouse (30 employees) has been bought by the group Fives, and other sites were taken over by the group Informap Production, specializing in 3D modeling and geographic information systems. Informap Production has taken over 60 employees. As a result, 140 employees are to be dismissed.


Sources

Citation

Eurofound (2012), Litwin, Merger/Acquisition in France, factsheet number 73499, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73499.