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 Cité Marine Group, specialising in food production, aims to create 200 new jobs by 2027 in Plumelin, Brittany.
Currently, the factory employs 135 workers and has increased the number of permanent contracts from 80 to 108. 45 new hires are planned by 2026. The Cité Marine Group has invested €30 million (€ 21 million self-financed by Cité Marine) in its Keranna Productions factory, acquired in 2022,
A new production line is also set to be established in 2025, enhancing the factory’s operational capacity and expanding its product offerings to meet the growing market demand and trends. The factory will go from 3 to 6 production lines by 2027. Plumelin will become the group's most automated site.
Eurofound (2024), Keranna Production, Business expansion in France, factsheet number 201709, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/201709.