EMCC European Monitoring Centre on Change

Net Cacao

Company/Organisation:
Net Cacao

Geographic Location

Country: France
Region: Bouches-du-Rhône; Provence-Alpes-Côte d\'Azur; Méditerranée
Location of affected unit(s): Marseille

Company

Sector: Manufacturing
Manufacture of food products, beverages and tobacco products
10.82 - Manufacture of cocoa, chocolate and sugar confectionery
Number Employed: 184

Employment Effects

Announcement Date: 15-06-2011
Planned Job Reductions min: 184
Type of Restructuring: Bankruptcy
Employment Effect Start: 30-06-2011
Foreseen End Date: 31-08-2011
Direct Dismissals: 180

Additional Information

On 30 June, the Commercial court in Marseilles announced the liquidation of the chocolate producer Net Cacao which employs 184 people. The plant could be bought by another company, but the only one interested has already announced it would only be able to subsume no more than one third of the workforce.

The company was a subsidiary of the group Nestlé until 2006, following a protracted 21 month long industrial dispute. Since then the company has belonged to Jean Chenal, who took Nestlé to court to terminate the commercial contract concluded between Neslté and Net Cacoa for a period of three years.

Since the end of 2010 the company has had to deal with the refusal of its bankers to provide access to further funds. The unions have contacted politicians at the local, regional and national levels to try to save the company.