Type
Closure
Country
Ireland
Region
Southern and Eastern; South-West (IRL);
Location of affected unit(s)
Clare
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations

240 jobs
Number of planned job losses
Job loss
Announcement Date
17 May 2016
Employment effect (start)
17 May 2016
Foreseen end date
17 May 2019

Description

Clare-based pharmaceutical manufacturer Roche Holding AG is to close, with the loss of 240 jobs.

In November 2015, the plant was signalled for closure but there were hopes a buyer for the plant could be found over the following six months. This effort was not successful however, and the plant is now to close. There will be an orderly wind-down of the company, with final closure expected between 2018 and 2019

Roche has been operating in Clarecastle, Co Clare since 1974.


Sources

  • 17 May 2016: The Irish Times

Citation

Eurofound (2016), Roche Holding AG , Closure in Ireland, factsheet number 87527, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87527.