French pork giant Gad, which is in administration, has played down reports it plans to close an abbatoir in Brittany in August.
Speaking on French TV, Jean-Marc Puchois, mayor of Lampaul-Guimiliau, where the site is located, said information he had received over recent weeks from “confidential sources” pointed to the closure of the abattoir and with it the jobs of 850 staff.
At the end of February, Gad was placed under judicial administration for a period of six months, the company having filed for bankruptcy.
However, Gad said: “Any decision at this stage is premature as possible bidders [for the plant] have until 10 June to express their interest.
“Market conditions are difficult in the sector but the judicial administrators and management are working round the clock to find a solution which will allow the company to continue in business.”
See Also:
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData