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.
Kensey Foods in Launceston, part of the Samworth Brothers group, makes hot and cold desserts for the retail market. The Cornwall food firm is undertaking a £10 million new investment programme at its Pennygillam site in the town, which includes money from the Objective One program.
The development is expected to take about a year to complete. 200 new jobs are to be created.
Company managing director Lis Mannes said it would also enable further expansion.
She said of the jobs announcement: ‘We expect to add the 200 new jobs, which are primarily production posts, over the next few years as we grow into the new space.'
Eurofound (2005), Kensey Foods, Business expansion in United Kingdom, factsheet number 61250, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61250.
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