The Magna factory, manufacturer of gearboxes for Ford, employs some 740 people.
When this acquisition offer was announced, Bordeaux Métropole expressed “its deep concern.
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"Bordeaux Métropole asks that this site which generates more than 200 million euros in turnover per year can have a future", warns the community in a press release.
Concerns around the Magna industrial site (formerly Getrag Ford Transmissions) in Blanquefort, near Bordeaux.
The German investment fund Mutares, which is increasing the acquisition of automotive industrial sites, announced on Friday that it had filed a takeover offer with Magna, which must be effective "on December 31" next, according to a press release from several unions.
The Magna factory, manufacturer of gearboxes for Ford, employs some 740 people.
"If Magna, since the takeover of the site in 2020, has always clearly stated that the group would never invest in Bordeaux, Ford, on the other hand, has committed to a commercial contract until 2027, recall the unions in a press release. .
We therefore expect Ford to maintain its commitment to the Blanquefort site until 2027.”
“Vigilance regarding the industrial project”
Following the announcement of this acquisition offer, Bordeaux Métropole expressed “its deep concern.
“Bordeaux Métropole and the city of Blanquefort take note of the situation which was announced without any prior information and which is part of the extension of a black series on the industrial zone of Blanquefort”, indicate the communities in a press release, referring to the closure of the Ford plant, located in the same business area, in 2019.
“Bordeaux Métropole asks that this site, which generates more than 200 million euros in turnover per year, and which benefits from recognized know-how in the world of automotive equipment manufacturers, be able to have a future.
Local institutions will demonstrate the greatest vigilance with regard to the industrial project that will be presented and the dialogue that will be set up with them.
They will also be particularly attentive to the impact of this decision, particularly on employment.
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Bordeaux Métropole and the city of Blanquefort ask “that the buyers come very quickly to present their industrial projects for the site.
“We expect from Mutares the concrete arrival of new projects, in order to maintain the current workforce”, concludes the inter-union for its part.
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