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 (10 - 11) Manufacture of food and beverage 10.8 - Manufacture of other food products 10.85 - Manufacture of prepared meals and dishes
180 jobs Number of planned job losses
Announcement Date
19 October 2018
Employment effect (start)
19 October 2018
Foreseen end date
Description
The Authentic Food Company has announced that it is to close its operation in Dundalk, due to the plant’s unprofitability. As a result, 180 jobs will be lost. The joint provisional liquidators, who have been appointed to the company, informed the employees that the company was insolvent and unable to continue paying wages.
The workers' union, Unite, had a meeting with the liquidators and is seeking a meeting with the Minister of Business, Enterprise and Innovation as well. The plant in Dundalk, Co Louth was formerly owned by Heinz, and was acquired by The Authentic Food Company in 2015.
Citation
Eurofound (2018), The Authentic Food Company, Closure in Ireland, factsheet number 95666, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95666.