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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Cultural And Recreation Goods In Specialised Stores 47.65 - Retail sale of games and toys in specialised stores
116 jobs Number of planned job losses
Announcement Date
8 October 2018
Employment effect (start)
15 October 2018
Foreseen end date
31 October 2018
Description
The Commercial Court of Evry has accepted the offer by Jellej to acquire 44 Toys'R'Us stores in France and to keep 1,036 employees on a total workforce of 1,152 people working in warehouses, offices and stores. Jellej was created by the investment fund Cyrus Capital in association with the French toy store chain Picwic. Jellej will take over 44 of 53 Toys'R'Us stores in France. Two other competing offers were rejected.
Sources
Citation
Eurofound (2018), Toys’R’Us France, Merger/Acquisition in France, factsheet number 95603, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95603.
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