Restructuring events
European Restructuring Monitor (ERM)
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.
The shipowner Armement Porcher has announced to recruit 100 positions at its site of Saint-Alban (Côte d'Armor) and to merge with the local agrofood company Le Graët (800 employees). Armement Porcher has 250 employees and reached a turnover of €7.6 million in 2017. Le Gräet reached a turnover of €200 million in 2017. The two companies decided to merge because of their complementarity and the willingness to keep both companies in the Britanny region.
Eurofound (2018), Armement Porcher, Business expansion in France, factsheet number 94784, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94784.