EMCC European Monitoring Centre on Change

Albéa

Company/Organisation:
Albéa

Geographic Location

Country: France
Region: Morbihan; Bretagne; Ouest
Location of affected unit(s): Plouhinec

Company

Sector: Manufacturing
Manufacture of rubber and plastics products, and other non-metallic mineral products
22.22 - Manufacture of plastic packing goods
Number Employed: 282
Group: Sun Capital Partners

Employment Effects

Announcement Date: 19-11-2015
Planned Job Reductions min: 66
Planned Job Reductions max: 66
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-03-2015
Foreseen End Date: 31-12-2016

Additional Information

Albéa, a packaging manufacturer specialised in cosmetics and perfume product, has announced to its employees that it intends to cut about 66 positions out of a total of 282 on its site at Plouhinec (Morbihan). The aim is to specialise the plant in production of lipstick mechanisms with a €10 million investment plan and to relocate care end perfume activities to other sites. The company reached a turnover of €43 million in 2014 and works for cosmetic groups like Yves Rocher, L’Oréal and Dior. It belongs to the investment fund Sun Capital Partners. According the union CFDT, the job cuts will result in the dismissal and non-replacement of employees reaching retirement age. The employees’ representatives have nominated an expert to analyse the situation and a meeting is scheduled on 26 November to give more details on the social plan. Albéa group has 16,000 employees worldwide with facilities in 16 countries and a turnover of $1.6 billion dollars. Albéa has three other plants in France in Sainte-Ménehould (Marne), Vandières (Meurthe-et-Moselle) and Bernaville (Somme).