The only offer on the table, the partial takeover of Alinea by its own shareholders is being studied Monday morning by the Marseille commercial court. But the suspense is nonexistent for the furniture brand in receivership, with a thousand layoffs in sight.
Believing itself to be a victim of the “yellow vests” movement, strikes linked to pension reform and the health crisis, the group based in Aubagne, in the suburbs of Marseille, has been in receivership since May 18. But only one buyer has come forward to keep the brand in business: the company's own shareholders, its CEO Alexis Mulliez (15%) and the Mulliez Family Association (AFM, 85%), within the Neomarché entity.
Only nine stores taken over
The new Alinea proposed by the Mulliez, owners of the sign since 2017 after having bought it from the distributor Auchan, the flagship of the family empire, should undergo a severe regime: only 9 of the 26 stores are targeted in the file of recovery, or 865 jobs out of 1,861, according to the latest figures from the brand's communications department.
But there is little doubt about the verdict of the Marseille commercial court, the Néomarché offer being the only one to prevent the liquidation and disappearance of the brand. The brands of low-cost objects Gifi and La Foir'Fouille are only competing for a tenth store, that of Poitiers (Vienne), to expand their network, specify the unions.
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- Justice
- Economy
- Marseilles
- Confinement
- The Commercial Court
- Judicial liquidation