Business news : France, The shipyard Alubat found a buyer

The suspense for the French shipyard in receivership period for three months. Alubat will therefore be resumed.

The Commercial Court of La Roche -sur- Yon decided this Friday, Dec. 6 .

With Low orders, experiencing serious financial difficulties , the manufacturer of aluminum boat required its employees periods of partial unemployment for two years.

Two takeover bids were competing . The first one from a former senior executive of automotive sector - five employees preserved, and a buyout for € 80,000 - was deemed insufficient . This is the second case filed by an Alubat's customer , Michel Pépin, who was selected. It takes 25 employees to 62, With target of the premium market . Alubat redeemed € 150,000 . Behind , fifteen shareholders offer € 500,000 contribution .

The new CEO is associated with Jean- Claude Joly, a French entrepreneur CEO of Kolys, a manufacturer of portals. The former CEO , Philippe Aupinel remains in the company to the position of Chief Operating Officer . "This is a new perspectiv that opens to Alubat says Jean -Claude Joly. We will tackle it , but it is not won . Market conditions do not help us . "

Adds to the dull economic climate, fear of dismissal for staff. If a dozen in-between are voluntary redundancies , other employees don't know anything about their future. They will know their fate in a few days . Time for the receiver to prepare its report .

From French Original source Sud-ouest.fr