Two takeover offers submitted for the famous Caddy group, in great difficulty

Two takeover offers submitted for the famous Caddy group, in great difficulty
Two takeover offers submitted for the famous Caddy group, in great difficulty

The buyers had until Wednesday evening to submit their offers. The court is due to deliver its deliberations on Thursday.

Two takeover offers from the famous Alsatian manufacturer of supermarket trolleys, Caddy, have been submitted, AFP learned on Thursday, with the fate of the company remaining uncertain. “Management announced at the CSE this morning that there were two offers”declared to AFP Me Pierre Dulmet, lawyer for the Social and Economic Committee (CSE).

The current owner, the Cochez group, based in Valenciennes (North) and specialized in transport and industrial services, has announced an offer. This plans to keep 15 of the 110 employees and not 40 as he proposed on Tuesday. Stéphane Dedieu, former owner of Caddy, also submitted an offer which would take on 42 employees, “with two particularities: one, it describes that it has no financing. And two, that if it resumes, it will only be from September”, explained Me Dulmet. A deadline that seems distant because Caddy is short of cash.

The judicial administrator asked the commercial chamber of the Saverne judicial court (Bas-Rhin) on Tuesday to convert the receivership, pronounced on May 28, into liquidation with continuation of activity. The buyers had until Wednesday evening to submit their offers. The court is due to deliver its deliberations on Thursday. It could decide on an immediate liquidation or a liquidation with continued activity, while it analyzes these two offers.

Name registered in 1959 and inspired by golf, Caddy, whose industrial and Alsatian origins date back to 1928 with wire products, had its hour of glory with the rise of the consumer society, inseparable from the metal cart for large areas, before encountering difficulties. Already on the verge of liquidation, Caddy was taken over in 2022 with the help of public funds by Cochez. In May 2023, the company announced that it would stop producing plastic supermarket trolleys, highlighting environmental concerns.

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