A Camaïeu store in Lille. - M.Libert / 20 Minutes

  • Camaïeu was placed in receivership on May 26.
  • Seven takeover offers were filed before the Commercial Court.
  • The Financière immobilière bordelaise project is "fairly satisfactory".

An attractive offer. This Wednesday, the Lille Commercial Court examined the takeover offers for the Camaïeu brand, placed in receivership in late May. Of the seven proposals tabled on Tuesday, that of the Financière immobilière bordelaise (FIB) particularly caught the attention of unions.

Out of the seven proposals, only two are “global”, that is to say that they envisage the takeover of the entire company and not just a few shops. However, this does not guarantee the maintenance of the workforce and the number of stores.

An offer from the industrialist Michel Ohayon

The first global offer was submitted by three of Camaïeu's former shareholders, including the current boss and the chairman of the executive board. "When we see the social aspect of this offer, it is not encouraging," says Thierry Siwik, CGT union representative. According to him, this offer plans to keep only 367 of the 634 stores. In terms of employment, the workforce would be almost halved with 1,928 employees retained out of nearly 3,900. "They made their offer conditional on obtaining a loan guaranteed by the state when the company had already made the request and had been rejected," added the trade unionist.

The salvation of Camaïeu may come from the second global offer, "unexpected" recognizes the CGT. It is Financière immobilière bordelaise (FIB), a holding company whose boss is the industrialist Michel Ohayon. Specializing in commercial real estate, it has also diversified into luxury hotels and grands crus. In broad terms, the project plans to keep 500 stores and nearly 2,700 jobs, including those at the company's headquarters in Roubaix. "In addition to the social aspect, there is an interesting investment aspect," says Thierry Siwik. According to him, the FIB plan to inject 19 million euros in the company on its own funds and not by requesting a loan from the State.

The outcome of this first hearing is therefore rather positive for the social partners even if "nothing is at stake". “The next will take place on July 24. In the meantime, we will work to further improve the FIB's offer, ”explains the CGT. The details of the offers have not yet been communicated to the unions and employees, the latter will also meet in a general meeting on Thursday.

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