Société d'Embouteillage du Dehez (SED)

Type
Bankruptcy
Country
France
Region
Nouvelle-Aquitaine; Aquitaine; Gironde
Location of affected unit(s)
Bordeaux (Gironde)
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
11.0 - Manufacture of beverages
11.03 - Manufacture of cider and other fruit fermented beverages
128 jobs
Number of planned job losses
Job loss
Announcement Date
30 October 2006
Employment effect (start)
1 November 2006
Foreseen end date

Description

The commercial court of Bordeaux, in the south-west of France, announced on 30 October 2006 that Société d'embouteillage du Dehez (SED), the largest producer of red wine in Gironde, is bankrupt and has to be closed on 1 November 2006.

The decision was made due to the important financial difficulties the company had and the fact that no other enterprise proposed to buy SED. As a result of this 128 employees are to lose their jobs.

Sources

  • 31 October 2006: Les Echos

Citation

Eurofound (2006), Société d'Embouteillage du Dehez (SED), Bankruptcy in France, factsheet number 64347, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64347.