Budelpack COSi

Type
Closure
Country
United Kingdom
Region
Wales; South East Wales; Central Valleys and Bridgend
Location of affected unit(s)
Maesteg
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20.4 - Manufacture of washing, cleaning and polishing preparations
20.42 - Manufacture of perfumes and toilet preparations
263 - 389 jobs
Number of planned job losses
Job loss
Announcement Date
28 November 2008
Employment effect (start)
28 November 2008
Foreseen end date
19 December 2008

Description

Budelpack COSi, a cosmetics company, has announced that 263 workers at their plant in Maesteg in Bridgend have been made redundant. The company is currently in administration and if a buyer is not found by 19 December 2008 then the site will close with the loss of the remaining 126 positions at the site.

Sources

  • 28 November 2008: BBC News

Citation

Eurofound (2008), Budelpack COSi, Closure in United Kingdom, factsheet number 67526, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67526.