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Duralex employees to takeover emblematic glass manufacturer

Duralex employees will take over the running of the emblematic French glassmaker after a decision by a court.

The Orléans Commercial Court validated a takeover project for the Duralex glassworks on Friday, July 26, 2024, which will save 228 jobs.

Among the three takeover offers, the project of the Société Coopérative de Production (SCOP) was validated.

The Scop proposal was supported by 60% of staff and led by site management.

In a statement the project said: “We are taking our destiny into our own hands and are determined to carry our company, an icon of French industry, in an ambitious transformation project.”

Read the rest at Glass International

 

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