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.
The ACI Group, a holding company specialising in industrial subcontracting, has been liquidated, along with 33 of its subsidiaries, leading to a job losses between 300 and 500 employees.
The group acquired over thirty SMEs in six years. The majority of these companies are subcontractors in the nuclear, aeronautics, or defence sectors. The majority are located in Loire, Haute-Savoie, but are also present throughout France.
Trade unions and employee representatives describe a Ponzi scheme system, as it seems the group bought companies and used their treasury to buy further companies. The ACI Group also used the 'lease-back' strategy to sell property. The Government has supported the ACI group in 2025 when it faced financial difficulties, when companies started being sold or liquidated.
Several subsidiaries were liquidated immediately, such as Berthier Alpes, Carbon, SV Industries. Others such as, MPM and Rectichrome have followed a law suit. Around fifteen have been bought through takeovers, such as in the case of Molliex Frères, Experdeco, Lacroix Poncet, and MCA. These takeovers have maintained employment. However, this is not the case for all, such as for Roche Mica Tech, and the Fonderies Hachette & Driout. Yet, certain subsidiaries are still within judicial proceedings such as the case of Fonderies de Sougland, Enerflux Enerflux 2026 - FR. Trade unions emphasise the negative impact of this group. Indeed, many of these SMEs were growing and were led to liquidation.
Eurofound (2026), ACI Group, Bankruptcy in France, factsheet number 300193, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300193.
While large-scale redundancies at major manufacturers dominate the headlines, the true impact of this restructuring is being felt most acutely within the wider supply chain. This article examines the uneven distribution of job losses, the growing geographical shifts in production,...
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
