Friday, April 1, 2016

Lace Desseilles times by a Chinese group – The World

Le Monde | • Updated | By

the commercial court of Boulogne-sur-Mer (Pas-de-Calais) chose, Thursday, March 31, the Chinese group Yongsheng as the buyer of the business in Calais lace Desseilles, in liquidation since March 3, but enjoying a continuation of activity. The 75 employees of the company that provides La Perla and the big names in lingerie can blow and avoid losing their jobs in a region where the unemployment rate is 12.5%.



highest warranties

of the three offers that have been studied, that of the Chinese industrial producer of polyester fibers was preferred to others because it offered the highest guarantees terms of employment and investment. Cloris and Jason Li, the daughter and son of the founder of Yongsheng, who traveled from Shanghai, have said they would retain 60 of the 74 jobs over a period of at least three years and have promised to inject $ 4 million euros in two years. This amount includes EUR 300 000 including recovery of assets of the ailing company, 275,000 euros of debt to local suppliers, 8,000 euros of paid leave, a financing activity …

Read also: Desseilles or lace “Kafka”

Although Holesco, owner of the lace house Sophie Hallette based in Caudry (Nord), had improved its takeover offer by proposing retain 55 jobs, the french group was removed. The court stressed, however, “the quality of the two proposals” in the running, but he chose based on the number of jobs preserved. The court found that the supply of Sophie Hallette not involved in that 51 jobs. The third offer from another dentelier, Solstiss-Bracq much less priced with the maintenance of only twenty jobs, was not retained because of the conditions (financing, factory rent adjustments) had not be removed in time.

Resumption of suspended employees

the former CEO of the group, Jean-Louis Dussart, who had taken Desseilles in 2011, had explained the difficulties of the company due to a complex administrative problem. A court decision forced him to reinstate five protected employees who had been made redundant validated by the Ministry of Labour in Calais in 2013. The company might have to pay them more than 750 000 euros, two years of salaries and allowances. Which represented 10% of the turnover of this firm already in trouble. Mr Dussart ensured that this sword of Damocles had prompted him to seek the liquidation of the company. On 21 March, the Court of Appeal agreed with him deciding to suspend the execution of the recovery of the employees, but the case will be treated on the bottom end of April.

The Chinese buyer put on the fact that it will not reinstate them. It should also try to get, April 7, the green light of the court to take another troubled company in Calais, Codentel installed in one of the old industrial buildings of the city. But his offer will be improved significantly.

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