French Court Liquidates Appliance Giant Brandt, 700 Jobs to Go
31 Articles
31 Articles
Daniel Ravichon, a resident of Oyonnax, wanted to react to the disappearance of the last wholesale home appliances manufacturer in France. Since 1968 he has owned a refrigerator, offered by his employer for his marriage. Since then, he has bought more, different brands and they have broken down after a few years.
The court of Nanterre ruled the judicial liquidation of the last manufacturer of large household appliances in France. The cooperative company project carried out by the employees and supported by the State was not considered viable. 750 people lose their jobs.
On Thursday 11 December, the Economic Court pronounced the judicial liquidation of the Brandt household appliance group. The project to take over in Scop has not been retained. About 700 jobs will be...
The court declared the liquidation of the centenary group of French household appliances Brandt, despite a plan to take over by employees supported by the public authorities.
The Nanterre Economic Court has selected none of the plans to take over the Algerian conglomerate Cevital, its iconic brands (Brandt, Vedette, Sauter and De Dietrich), and nearly 750 employees.
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