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 American group Schreiber Foods has announced the recruitment of 110 employees at its new production unit built near the existing workshops in Cléry-le-Petit which employ 220 people. The new unit, inaugurated on 14 June, produces yoghurts, fresh cheeses and dairy desserts. The food group has invested €85 million in four production lines and 10,000 m² of buildings. The product input will be insured by 90 farmers who are based in a range within 150 km from the factory.
The dairy processing site will supply the 1,600 Système U stores in France with private labels as part of an exclusive commercial partnership signed with the cooperative brand. In 2016, Schreiber Foods has acquired the Cléry-le-Petit cheese dairy from the French group Bel.
Eurofound (2019), Schreiber France, Business expansion in France, factsheet number 97998, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97998.