“By judgment of September 14, 2020, the Commercial Court of Marseille adopted the two complementary takeover offers from Néomarché and GIFI. Thus 9 stores will be kept (Aubagne, Avignon, Blagnac, Herblay, Grenoble, Limoges, Mérignac, Montpellier, and Nancy) as well as the alinea.com website. At the same time, the 4 franchised stores (Arcachon-la Teste de Buch, Beauvais, Creil, Mantes-la-Jolie) are also continuing their activity.

Alinéa is therefore taken over by its former manager and shareholder. However, (…) the successful offer saves more than 900 jobs, in addition to the numerous redeployment offers in other Group brands. Furthermore, Néomarché's offer was the only one relating to the company's goodwill despite a search for buyers launched widely in France and internationally.

Alinéa was (…) advised by Archers (Fabrice Patrizio), the firm BBLM Lawyers (Bernard-Bouquet), as well as the Actance firm (Loïc Touranchet). The company was also advised on financial aspects by the firm EY (Guillaume Cornu and Ameziane Abdat) and Deloitte Restructuring (Jean-Pascal Beauchamp, Christophe Guerner, Lucile Regnault, Anas Jaldi, and Vincent Magot Cuvru). The buyer Néomarché was advised by Alerion Avocats (Gilles Podeur) on the legal aspects and Eight Advisory (Paul Lederlain) on the financial aspects. The Philippe Ginestet Group was advised by the firm Astrup Tellechea (Géraldine Astrup). " (extract)

Find the article ofAgathe Caquineau on may day, the business turnaround web platform: The decoration brand Alinéa taken over by its shareholder.

 

Your contact : Bernard-Bouquet, Associate Lawyer, Founder, BBLM Lawyers,

@bblmavocats #bblmavocats #bblm #restructuring #maydaymag

Updated to September 18, 2020

Philippe WALLAERT

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