• La Fonderie de Bretagne, a factory located in Caudan (Morbihan) where 285 employees work, was put up for sale by the Renault group last year.

  • This decision triggered a strike action that lasted two months.

  • Renault and Callista will present the recovery plan in more detail during an extraordinary CSE on July 11.

The buyer of the Fonderie de Bretagne is now known.

This is the German investment fund Callista Private Equity which was retained by the Renault group to take over the Caudan plant (Morbihan) and its 285 employees.

“The industrial project led by Callista, whose head office is based in Munich, corresponds to the commitments made by Renault Group to achieve profitable operation of the site, in particular thanks to massive investment, a restoration of competitiveness and an ability to diversify. and identify new markets”, declared the Renault group at the end of an extraordinary social and economic committee.

The automaker said it will accompany the resale with an investment of 32 million euros to "modernize the melting process, the core line, and to create a second output line in order to pass larger parts for d 'other types of customers'.

Renault and Callista will present the recovery plan in more detail during an extraordinary CSE on July 11.

The divided unions

“We are very moderately satisfied because we have already been scalded in the past and Callista is a fund which has short-term objectives, by 2025, to turn the company around, otherwise they will close”, reacted Maël. Le Goff, CGT union delegate.

"We know that there is potential but Renault no longer wants to have the Foundry of Brittany in its lap and has accepted that the employees who want to stay in the group stay while we are already suffering from difficulties in finding skills" , he added, while welcoming the absence of layoffs and the “big investment”.

“The good news is that we have a buyer because we no longer had any sound or image concerning the process, but we still have to analyze the viability of the business plan”, reacted Stéphane Dubois, CFE-CGC delegate.

Heir to the Forges d'Hennebont, created in 1860, the Fonderie de Bretagne manufactures suspension arms, exhaust manifolds and elbows, as well as gearbox differentials.

Renault had announced in March 2021 the sale of the factory, which had triggered a two-month strike, the employees demanding that they remain within the group.

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  • Economy

  • Factory

  • Renault

  • Social

  • Automotive

  • Brittany

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