Rennes (Reuters) – The management of the factory hog slaughter GAD SAS, which employs about a thousand people in Josselin (Morbihan), announced this week its intention to initiate a bankruptcy procedure has been learned Saturday from union source.
This decision must be substantiated by a large debt that had already resulted in bankruptcy proceedings in 2013 and cash flow problems aggravated by embargo in place in Russia on pork since February.
The judicial liquidation of the company, depending on the vegetable dish Cecab group could intervene late August and early September, do we the same source.
the course of July, the slaughter company SVA Jean Roze, a subsidiary of Intermarket group and only potential buyer to date, has started negotiations with the Cecab for possible reversal of the slaughterhouse.
These negotiations have not been successful so far but could be reinvigorated by the prospect of liquidation.
In France info, Annick Le Guével, CFDT delegate , urged employees to “keep hope alive”, noting that the bankruptcy court may decide a liquidation with business continuity for two months, if there is cash and if a record of recovery is filed before the hearing.
The departmental union CFDT Morbihan announced his side a demonstration Saturday afternoon as part of the Inter-Celtic Festival in Lorient.
A liquidation of the Josselin slaughterhouse would be a blow to the food Breton ten months after its closure Lampaul-Guimiliau in Finistere.
(Pierre-Henri Allain, edited by Gerard Bon)
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