Yongsheng’s deal
Print Edition
TRADITIONAL French lacemaker Desseilles will be bought by Yongsheng following an arbitration decision by a commercial court, the company said yesterday.
The court chose the Chinese company from three potential buyers because it has promised to keep the jobs of 60 of the firm’s 74 employees for at least three years.
Yongsheng also committed to keep the Desseilles factory in the northern port city of Calais for at least five years.
Yongsheng intends to invest around 4 million euros (US$4.5 million) in the next few years and to buy the factory, which Desseilles now rents, said Michel Berrier, Desseilles’ marketing manager.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
