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 For Transport Equipment Manufacture Of Other Transport Equipment 30.92 - Manufacture of bicycles and invalid carriages
79 jobs Number of planned job losses
Announcement Date
8 March 2013
Employment effect (start)
11 March 2013
Foreseen end date
30 June 2013
Description
On 8 March 2013, the commercial court of Troyes (Aube) appointed the group Intersport as a receiver of the bicycles manufacturer Clycleurope i Machecoul (Loire-Atlantique). The new name of the company became “La manufacture française du cycle” and will employ 175 employees of a total workforce of 254. 79 employees will lose their position. The 79 job cuts result out of 29 direct dismissals and 50 out of other measures (retirement).
Eurofound (2013), Manufacture française du cycle, Merger/Acquisition in France, factsheet number 75112, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75112.
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