Overview
- CEO Stephan Français proposes resuming part of Brandt’s appliance output at Saint-Jean-de-la-Ruelle while adding electronics and IT manufacturing.
- The project is costed at about €25 million, including roughly €9 million in public support under discussion, with additional bank financing being sought.
- The offer must be examined by the court-appointed liquidator and approved by the Nanterre economic tribunal, and Bercy plans a formal call for bids in January.
- Local leaders welcomed the proposal as serious, unions including the CGT called it insufficient for saving jobs, and national officials urged rigorous analysis.
- Français says production could restart as early as February if validated, with staffing potentially rising toward 250 over five years depending on results.