The “cash is dry”, according to the president of the company. An audience that will determine the conditions for its judicial recovery, for the third time since 2012, is scheduled for Tuesday.
Le Monde with AFP
He invented the supermarket cart, which he has been manufacturing since 1928. The famous manufacturer of the Caddie brand, established in Alsace, declared himself in cessation of payment on Monday, January 3, learned the France-Presse agency (AFP) with the President of the company, Stéphane Dedeu. “Our cash is dry,” he said, confirming information Latest Alsace News (DNA).
An audience that will determine the conditions for its judicial recovery is scheduled on Tuesday morning before the commercial court of Saverne (Bas-Rhin), confirmed Mr. Dedieu.
Third judicial recovery. Since 2012
“It is a conjunction of misfortunes that brought us [to this situation]”, explained the leader, who had taken over the chairmanship of the workshops gathered caddy following a previous receivership, in 2014.
“We have been undergone a lot of setbacks since the beginning of the Pandemic of Covid-19, with a drop in significant sales, mainly because we work a lot with customers abroad,” detailed the President of the company, which still have 140 employees.
“Then we had supply difficulties that delayed our productions, then a cluster” among the employees, he added, also evoking the rise in the cost of raw materials such as steel.
Luc Strohmenger, Trade Union Delegate of the French Confederation of Christian Workers (CFTC) and Secretary of the Social and Economic Committee (CSE), called “hazardous management” of the fund guaranteed by the State under the pandemic. The employees are in a state of “abatement, it is a huge mess,” he said, who will live his third judicial recovery with the company. The workshops gathered caddy, who experienced growth with the growth of the consumer society, have indeed undergone two judicial adjustments since 2012.
In the summer of 2020, the company, owned 70% since 2018 by the Polish Damix, had already deleted fifty jobs and grouped its carriage production activities for the large distribution on the site of Dettwiller (Bas-Rhin) . “But we had a lot of ahead when we reconnected our lines of manufacture and we lost a lot of days of production, who have eaten us from the cash,” said Dedieu. This hopes that this new judicial recovery will mark “a new beginning” for this “beautiful brand”.