Glassware producer Duralex goes into receivership on the market | EUROtoday

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A industrial court docket within the French metropolis of Orleans (heart) agreed this Wednesday to the request of the French glass firm Duralex to profit from a judicial administration course of with a view to its sale, with a six-month statement course of.

“The court hopes to find a buyer”a Justice of the Peace advised the press after the listening to, in accordance with regional public radio France Bleu.

The subsequent listening to will happen on June 5, and within the meantime two court-appointed envoys and a judicial administrator will go to the historic Duralex manufacturing facility – positioned in Chapelle-Saint-Mesmin and the place 230 workers work– to organize a file on the worth of the situation, so as to current it to future patrons.

The glass window, which exports 75% of its manufacturing and operates in 133 international locationshad a change in administration initially of 2024, when the Spanish Jos Luis Llacuna was changed within the group managed by Duralex (La Maison Française du Verre) by France Graldine Fiacre.

Between 2022 and 2023, it confronted critical difficulties attributable to excessive power costs, which compelled it to order a manufacturing stoppage for 5 months.

At the second the corporate has not commented following the ruling of the Court of Orleans.