BRIEF

on GAUSSIN (EPA:ALGAU)

GAUSSIN SA in receivership after an extended observation period

Stock price chart of GAUSSIN (EPA:ALGAU) showing fluctuations.

GAUSSIN, a major player in logistics solutions, saw its safeguard procedure converted into receivership by the Vesoul Commercial Court on September 24, 2024. This decision results from GAUSSIN's inability to raise the necessary funds during its observation period.

Recent events have affected the company's situation. The Dijon Court has allowed the sale of Metalliance to CORAIL-SM, while Leaderlease, a subsidiary of GAUSSIN, has been placed in receivership. In addition, Airbus has cancelled an order from GAUSSIN due to delivery problems with Metalliance.

Despite these challenges, a business continuity plan is being developed, with funding being sought to stabilize cash flow. At the same time, a call for tenders for a disposal plan has been launched.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all GAUSSIN news