Bio C’Bon: Biocoop and Zouari improve their takeover offer

Bio C’Bon: Biocoop and Zouari improve their takeover offer
Bio C’Bon: Biocoop and Zouari improve their takeover offer

Biocoop will propose to take back “100% of the employees, in stores, in logistics or at the head office” of Bio C’Bon, in an improved takeover offer that will be studied Friday by the Paris commercial court (AFP / ALAIN JOCARD )

Biocoop will propose to take over “100% of the employees, in the stores, in logistics or at the head office” of Bio C’Bon, and the Zouari group “100% of the store stock” and a large part of the employees, in offers of improved recovery which will be studied Friday by the Paris Commercial Court, they said Tuesday.

Candidates for the takeover of Bio C’Bon, placed in receivership in early September and which employs a thousand people in France, have until midnight Tuesday to improve their offers.

Biocoop, associated with another specialized distributor, Marcel & Fils, had seen its first offer criticized for a derisory sale price, of 15 euros for Biocoop and 11 euros for Marcel & Fils, while Carrefour, for example, offers 40 million euros.

“We do not have the Carrefour checkbook and we are not in the same logic as them,” Pierrick De Ronne told AFP on Tuesday, while adding that the two specialist distributors would “substantially” increase their financial offer. However, he did not wish to reveal its contours.

“We have banks that follow us and we are very comfortable with our financial strength and our know-how,” he pleads. “We know how to open organic stores, which may not be the case for everyone.”

A connoisseur of the file polled by AFP expects an offer of around twenty million euros.

Pierrick De Ronne also indicates that he now plans to take over all Bio C’Bon employees. “We met people who invested a lot, who were anxious and who carried Bio C’Bon at arm’s length, they wanted to continue defending their work in the organic trade and that reinforced our idea. that the preservation of employment was essential, “he pleaded.

He claims to be “the only candidate for the takeover not to have had a departure plan for 30 years” and intends to create “200 to 300 additional jobs”. However, he will not take over the headquarters and logistics: according to him, “if the situation is there, it is because of these somewhat oversized tools.”

In addition to Biocoop, the Zouari family, shareholder of Picard frozen foods, the Carrefour group or even Auchan are candidates for the takeover of Bio C’Bon.

Former CEO of Biocoop but now main representative of the Zouari group’s offer, Gilles Piquet-Pellorce also reported an improvement in its offer in a letter to Bio C’Bon employees, consulted on Tuesday by the AFP.

It provides for the takeover of 100% of the stock of 120 stores, “100% of the store staff” and “100% of the logistics staff and all administrative staff”. In addition, “the Parisian transport activity will be preserved and accompanied by investments in IT tools making it possible to gain in efficiency and in working comfort for employees”.

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