France’s industry ministry has confirmed it has received three offers for troubled parts supplier Heuliez.
The supplier, employing 600 staff, is currently in administration but the ministry said the offers were now under review by the Tribunal de Commerce de Niort.
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The three are investment group Charles Mircher, a joint offer from Baelen de Gaillard Industries (BGI) and ConEnergy, and Malaysian funds company Delamore and Owl.
Under the joint bid, BGI said it would take over Heuliez’s stamping activity while ConEnergy would be responsible for the electric vehicle side.
Expressing its satisfaction that three bidders had come forward for Heuliez, the industry ministry reiterated its commitment to support any final decision by the tribunal with “financial or technical aid,” although the difference between the two remains unclear at this stage.
“The industry minister’s cabinet has been following this situation very closely and has seen – at their request – all takeover candidates as well as all parties involved – regional council, politicians and labour organisations,” said a statement from the ministry.
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By GlobalDataThe French Fonds Stratégique d’Investissement (FSI) will also cooperate with the Fonds de Consolidation et de Développement des Entreprises (FCDE) in the project.
