Company/Organisation:
Trailor SA
Geographic Location
Country:
France
Region:
Meurthe-et-Moselle; Lorraine; Est
Location of affected unit(s):
Lunéville (Meurthe et Moselle)
Company
Sector:
Manufacturing
Manufacture of transport equipment
29 - Manufacture of motor vehicles, trailers and semi-trailers
Number Employed:
256
Group:
ACTM Group
Employment Effects
Announcement Date:
20-09-2006
Planned Job Reductions min:
60
Planned Job Reductions max:
60
Type of Restructuring:
Merger/Acquisition
Employment Effect Start:
29-09-2006
Foreseen End Date:
29-12-2006
Additional Information
ACTM Group announced on 20 September 2006 that it had bought the company Trailor SA, a manufacturer of trailers located in Lunéville (Meurthe et Moselle), in the east of France. Trailor SA, which employs 256 people, has serious financial difficulties. ACTM Group, also specialised in manufacturing of trailers, announced that it will cut 60 jobs in Lunéville before the end of 2006. It is expected that after the acquisition the sales turnover of the company will range between 35 and 39 million euro in 2007.
Sources:
21-09-2006Les Echos