Overview
- At an extraordinary works council meeting on 13 October, new president Dominique Bernard confirmed the Lardin-Saint-Lazare site is on the market and said he is tasked to secure a buyer by 31 December 2025.
- Bernard told union representatives he is in contact with five to ten potential acquirers for the Dordogne plant.
- The mill now employs about 202 workers with only the No. 8 glassine line running after the 2023 shutdown of a second line that cut 177 jobs.
- Financial liabilities are a major hurdle, with Sud Ouest reporting around €40 million in debt for the plant, while the town’s mayor cited €50 million for Condat and €134 million for owner Lecta.
- The CGT is preparing an alternative rescue plan, including a cooperative option, and local officials have engaged consultants as they seek to avert a court filing.