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.
Aperture Trading, the UK-based designer and manufacturer of plastic and metal windows, doors and conservatories, in the last two weeks of March made redundant 421 employees.
The company entered administration on 16 March and following a very short process it ceased trading. A representative of the administrators said that the company had faced challenging trading conditions and a significant decline in sales and thanked employees for their hard work. Only a small team of the company's 451 employees have remained employed to close down the business.
Aperture Trading is one of the UK’s leading designers and manufacturers of innovative fenestration products, operating nationwide.
Eurofound (2020), Aperture Trading, Bankruptcy in United Kingdom, factsheet number 100205, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/100205.
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