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.
Tomlinson’s Diaries, a dairy firm based in Wrexham, Wales, has gone into administration, leading to the loss of 331 jobs. Тhe administrators, PwC, have confirmed that all staff will be made redundant, few of the workers, however, will be retained during the administrating procedure. The bankruptcy comes despite one-year efforts to save the company.
Legal representatives of some of the workers have announced that they had started an investigation to see whether the company had followed the regulations to undertake the compulsory redundancy consultation. A spokesperson for the Welsh Government said that it would work with staff affected by the closure of the Wrexham site.
Tomlinson’s Dairies was one of the UK’s largest dairy firms, with operations in Wrexham, Chester, Shropshire and across North West England.
Eurofound (2019), Tomlinson's Dairies, Bankruptcy in United Kingdom, factsheet number 99126, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99126.
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