Type
Merger/Acquisition
Country
France
Region
Centre-Est; Auvergne; Puy-de-Dôme
Location of affected unit(s)
Clermont-Ferrand
Sector
Manufacturing
Repair And Installation Of Machinery And Equipment
Repair And Installation Of Machinery And Equipment
33.17 - Repair and maintenance of other transport equipment

47 jobs
Number of planned job losses
Job loss
Announcement Date
30 October 2019
Employment effect (start)
15 October 2019
Foreseen end date
31 December 2019

Description

Following a court decision about the acquisition of the Ateliers de construction du Centre ingénierie et maintenance (ACC), specialised in railway renovation, and in the design and manufacture of antenna and turret positioners for the civil and military markets, 225 of the site's 272 employees will be taken over. The ACC was placed in receivership despite a well-filled order book.

On 30 October, the Commercial Court of Clermont-Ferrand agreed on the TTH group and Cegelec Défense as purchasers of the two activities of the ACC based in Clermont-Ferrand (Puy-de-Dôme). For industrial maintenance, the French TTH, which takes over 183 of the 225 employees, was preferred by staff over the Canadian Bombardier, which proposed to take over only 171 people. For the engineering part, Cegelec Défense was preferred to the group NSE. 


Sources

Citation

Eurofound (2019), ACC Ingénierie et Maintenance, Merger/Acquisition in France, factsheet number 99119, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99119.