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.
(94 - 96) Other Services 95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles 95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles 95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
550 jobs Number of planned job losses
Announcement Date
6 October 2008
Employment effect (start)
6 October 2008
Foreseen end date
6 October 2008
Description
LSUK Lucas, a company that supplies car parts and automotive services, has gone into administration and made 550 of its 600 employees redundant. The company had 53 branches across the UK, and also a head office in Sheffield, and only a skeleton staff of 50 currently remains. In addition to its branch network, LSUK Lucas also owns subsidiary companies M I Diesel Products, Protech Automotive (UK) and Yeovil Rewind. LSUK Lucas had been purchased by Euro Car Parts (ECP) from holding company Pinco 1555 Ltd less than one week previously.
Sources
6 October 2008: BBC News
Citation
Eurofound (2008), LSUK Lucas, Closure in United Kingdom, factsheet number 67211, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67211.
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