The Commercial Court of Rouen has accepted the takeover bid presented by the British company manager Suresh Radhakrishnan to buy the Remade company, specialising in the reconditioning of smartphones, and keep 118 employees out of the 375 that the company has. Among the current employees, 210 will be made redundant.
The company has been placed in receivership since November 28, 2019 with continued activity. The public prosecutor in Coutances has opened a preliminary investigation against unknown for false balance sheets and false invoices. A report by the expert accountant of the works council denounces a 'frantic race for size led by the creator and some of his associates, not to make it a flourishing group, but to quickly maximize its value by posting strong growth in turnover'.