Aveyron: insufficient take-back offers, the SAM foundry on the brink of a precipice

Aveyron: insufficient take-back offers, the SAM foundry on the brink of a precipice
Aveyron: insufficient take-back offers, the SAM foundry on the brink of a precipice

Agnès Pannier-Runacher, the Minister of Industry, moved urgently to Rodez on Thursday to meet staff and elected officials of SAM, the Viviez foundry in receivership since December 2019. The two takeover offers do not work. case…

We already knew that the hour was serious for Sam, in Viviez. In receivership since December 2019, the foundry is now on the precipice. Emergency came Thursday in Rodez to discuss the subject, the Minister of Industry, Agnès Pannier-Runacher took stock of the situation.

On the eve of the hearing at the Toulouse Commercial Court on Friday, which was to rule on the two takeover offers, that of the Trinquet group, and that of Sifa Technologies, led by the former boss of Sam Patrick Bellity, the Minister announced that neither had a chance to succeed. And that the tribunal would, in all likelihood, issue a new remand.

“The two offers that have been submitted are not strong enough and do not meet the criteria of credibility and sustainability”

“My attention is constant on this file with all the Bercy teams, recalled the Minister, who has been coordinating a steering committee on the subject for several months. I will not hide my disappointment from you. Today, very clearly, in At this stage, the two offers that have been submitted are not strong enough and do not meet the criteria of credibility and sustainability that we have set. “

The dismissal, which will in all likelihood be pronounced tomorrow, could be accompanied by a measure of judicial liquidation at the start of the school year. But this would be purely technical. Indeed, the State has obtained from Renault, the main ordering party of Sam, to continue to put its hand in the pocket so that the foundry, which currently employs 350 employees, continues its activity for at least six months. additional. “We have obtained from Renault to secure this extension of activity. If for technical reasons, on September 10, the court is led to pronounce a judicial liquidation, it will be with continuation of activity. For Renault, it is a commitment up to € 6 million since today, the site is losing € 1 million per month. These € 6 million are in addition to the 16 that Renault has put in since the start of the procedure. “

The last bubbles of oxygen for six months, time to try, once again, to find a credible buyer.

Source

Aveyron insufficient takeback offers SAM foundry brink precipice

 
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