Friday, August 15, 2014

Intermarket still interested in taking over Gad Josselin – Boursier.com

Intermarket still interested in taking over Gad Josselin – Boursier.com

(Boursier.com) – Intermarket is always interested in taking slaughterhouse Gad Josselin (56) through its subsidiary SVA Jean Roze said CEO Dominique Langlois, in an interview with regional daily ‘Telegram’ . However, it indicates not yet filed a formal offer and does not specify the number of employees listed, but “hope to have for late August and early September, a global vision to establish a consistent position.”

Recall that last week, trade sources told Reuters reported that the management of the factory – which employs nearly 1,000 people -. announced its intention to initiate a bankruptcy procedure

current Resume in September

In addition, Dominique Langlois would welcome a resumption of activity “in September.” “But it will depend on the procedure.’s Important is that there is no break in the activity of the plant,” he explains. The Minister of Agriculture, Stéphane Le Foll, has said this week “relatively optimistic” about future recovery, in an interview with Western France.



Failed continuation plan

In October 2013, the court had approved a plan for the continuation of the group, follows an initial investment in receivership. The CFDT however quickly alerted authorities to the difficulties encountered and the “possible consequences of non-compliance assigned to the company by the Tribunal de Commerce de Rennes through the continuation plan objectives.”

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