Abattoir de Challans (Covia)

Type
Bankruptcy
Country
France
Region
Pays de la Loire; Pays de la Loire; Vendée
Location of affected unit(s)
Challans
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10.1 - Processing and preserving of meat and production of meat products
10.11 - Processing and preserving of meat, except of poultry meat
140 jobs
Number of planned job losses
Job loss
Announcement Date
15 January 2019
Employment effect (start)
31 January 2019
Foreseen end date
28 February 2019

Description

The Challans slaughterhouse (Covia group), which employs 140 people, was placed in liquidation by the Commercial Court of Poitiers for lack of a buyer. The court ordered the liquidation of the four Covia companies: Sovia (transport), Covia meat sectors (processing), SEAC (slaughter) and Scop Cooperative Meat (livestock farmers), resulting in the loss of 140 jobs, said Serge Rondeau, Mayor of Challans. Hundreds of nearby farmers will also be affected by the closure.

The trade union CFDT commented that the company had run up into quite high debt and that the plant would have needed to be renewed earlier to adapt to changed regulations.

Sources

Citation

Eurofound (2019), Abattoir de Challans (Covia), Bankruptcy in France, factsheet number 96368, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96368.