EMCC European Monitoring Centre on Change

Jean Caby

Company/Organisation:
Jean Caby

Geographic Location

Country: France
Region: Nord; Nord - Pas-De-Calais
Location of affected unit(s): Saint-André-lez-Lille

Company

Sector: Manufacturing
Manufacture of food products, beverages and tobacco products
10.13 - Production of meat and poultry meat products
Number Employed: 232
Group: Eric Steiner et Campofrio

Employment Effects

Announcement Date: 27-06-2018
Planned Job Reductions min: 232
Planned Job Reductions max: 232
Type of Restructuring: Bankruptcy
Employment Effect Start: 04-07-2018
Foreseen End Date: 24-07-2018
Direct Dismissals: 232

Additional Information

The Commercial Court of Lille has deciced the liquidation of Jean Caby, an industrial sausages company specialised in the manufacture of cocktail sausages. The site of Saint-André-lez-Lille, near Lille, will close, and the 232 employees will be dismissed.

Previously the court had considered a takeover offer, which had not received support from any of the protagonists. Since 2012, Jean Caby belongs to the American company Foxlease food. Jean Caby was placed in bankruptcy in December 2017 for six months to allow time to find a buyer. According to Les Echos, the factory was obsolete. Jean Caby was the leader in the cokctail sausage market with a full order book, but the site was losing money for every sausage produced, according to the manager, who wanted to build a brand new  production site nearby to restore the company's competitiveness. Two former restructuring were recorded in the ERM Database, in 2014 (120 job cuts) and 2009 (350 job cuts and 120 recruitments).