Type
Merger/Acquisition
Country
France
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.7 - Retail sale of other goods in specialised stores

963 jobs
Number of planned job losses
Job loss
370 jobs
Number of planned job creations
Job creation
Announcement Date
29 September 2021
Employment effect (start)
1 October 2021
Foreseen end date
31 December 2021

Description

The commercial court of Lille has just announced the judicial liquidation of Office Depot France, 963 jobs will be lost and part of the company will be taken over by the Alkor group. Alkor's takeover proposal was the worst in terms of jobs compared to the offer by Adexgroup and Adveo. Alkor is nevertheless offering 370 positions in sales, IT and support functions, with a two-year hiring priority within its group. The group was placed in receivership in February 2021.


Sources

Citation

Eurofound (2021), Office Dépôt, Merger/Acquisition in France, factsheet number 105344, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105344.