Caddie in liquidation with continuation of activity, two takeover offers

Caddie in liquidation with continuation of activity, two takeover offers
Caddie in liquidation with continuation of activity, two takeover offers

The famous Alsatian manufacturer of supermarket trolleys Caddie has been placed in liquidation with continuation of activity and two takeover offers will be analyzed, the commercial chamber of the Saverne court (Bas-Rhin) decided on Thursday.

Due to a depleted cash flow, the court decided to convert the receivership, pronounced on May 28, into liquidation with continuation of activity. Two takeover offers will be examined at a hearing on July 16.

The buyers had until Wednesday 6 p.m. to submit their offers.

Two have been filed, including one from the current owner, the Cochez group, based in Valenciennes (North), specializing in transport and industrial services. This group plans to keep 15 of the 110 employees, “abandoning the industrial activity, focusing on a trading activity and the reconditioning of forklifts”, Christophe Gillmé, the judicial administrator, told AFP.

A second offer was submitted by the company Skade Management of Stéphane Dedieu, former owner of Caddy. This would take on 42 employees, “retaining the industrial activity and developing a trading activity”, indicated the judicial administrator.

“Caddie remains alive. As long as there is life, there is hope. But the candidates represented will have to considerably improve their offers and present sufficient guarantees to convince the employees and the court,” Pierre Dulmet, lawyer for the Social and Economic Committee (CSE), told AFP.

Name registered in 1959 and inspired by golf, Caddie, whose industrial and Alsatian origins date back to 1928 with wire products, had its moment of glory with the rise of the consumer society, inseparable from the metal trolley for supermarkets, 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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