Caddy isn't buried yet.
The now bankrupt iconic supermarket trolley maker has been granted an additional reprieve.
The judicial court of Saverne (Bas-Rhin) decided “on an eight-day dismissal, until next Tuesday” March 1 to find a solution.
Only one buyer has come forward to date, but he still has to find the necessary financing.
“Everyone agrees to try to find a solution, but we need to have concrete funding marks in eight days,” said the judicial administrator Me Claude-Maxime Weil.
28 employees in the hot seat
The only offer to take over the Alsatian company comes from the current boss Stéphane Dedieu, together with the current Italian distributor of Caddy and a German investor, who plans to keep 111 jobs.
"I have not yet completed the financing round", explained Stéphane Dedieu beforehand, indicating that he was "in discussions with other Alsatian investors".
During a consultation of employees organized by the CSE, a large majority voted in favor of the current boss's offer project, while 23 votes were in favor of a judicial liquidation.
For Thierry Carl, CFTC deputy secretary of the CSE and employee representative in the context of the receivership procedure, Stéphane Dedieu's offer would be “a blessing in disguise”.
"There are still 28 (employees) who will leave, once again, there will be breakage", regretted the one who has worked at Caddy for 24 years and has therefore already experienced the two previous legal adjustments of the 'business.
To continue to operate the company's only factory, in Dettwiller in the Bas-Rhin, and to pay salaries, Caddy benefited from an exceptional public loan of 400,000 euros, half financed by the State and half by the Grand Est region.
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