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 Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31.0 - Manufacture of furniture
160 - 174 jobs Number of planned job losses
Announcement Date
29 May 2015
Employment effect (start)
29 May 2015
Foreseen end date
Description
Bedding manufacturer and wholesaler Kozee Sleep Beds has been placed in administration resulting in the loss of 160 jobs. On 20 May 2015, the company ceased trading and workers were given notice of potential redundancy and sent home. Just over one week later, the administrators decided that the company was not viable as an ongoing concern and the160 workers were made redundant. While the workforce totalled 174 staff, administrators have retained 14 workers in the short-term to assist with winding up the company.
The business was located in Dewsbury in West Yorkshire and its product range included adjustable beds, headboards and orthopaedic beds.
Sources
29 May 2015: BBC News
20 May 2015: The Examiner
Citation
Eurofound (2015), Kozee Sleep Beds, Bankruptcy in United Kingdom, factsheet number 83634, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83634.
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