Gad Josselin move the liquidation of the slaughterhouse

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Company - Management has justified his decision, "liquidity problems" ...

Slaughterhouse management Gad Josselin in Morbihan, which employs about 1,000 staff, said it plans to open a bankruptcy case of the 'Council (CEC) said Saturday in a statement that the CFDT.

Liabilities of € 4.5 million

"Extraordinary EAC Wednesday, August 6, require the direction of its intention, the SAS GAD Josselin informed the court to stop the trade and the opening of winding-up proceedings in the restoration plan is underway," the statement, CFDT. The management has its decision on a "cash flow problem" based, AFP, the representative of the CFDT in Gad, Patrick Piguel said. The added to these problems in the Russian ban on imports of pigs and pork industry.

In the short term, the company is facing, says Piguel to pay maturing debt, the amount of 4.5 million euros due on 10 October. According to the union, which announced the action on Saturday afternoon at Lorient Inter-Celtic Festival, negotiations are ongoing negotiations for the acquisition of the Intergroup slaughterhouse.

Inter, the buyer?

"We have no details of the negotiations," Piguel said. "The Inter the only player who showed" a renewal of the battle, he said. Regional Association CFDT, should file bankruptcy of the Commercial Court in late August to early September.

Commercial Court, the immediate liquidation or "business continuity for two months if there is money, and if you do not save files" order (...) Read the following article 20minutes.fr

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