Office partition manufacturer Clestra placed in receivership

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The Alsatian manufacturer of office partitions and “clean rooms” Clestra Hauserman, weighed down by the economic and geopolitical situation as well as a massive cyberattack, was placed in receivership on Monday for six months, AFP informed the chamber. from the court of law and from trade union sources. “We have opened a receivership procedure,” said the registry of the commercial chamber of the Strasbourg court. According to the CGT, the recovery period was set at six months, while the company had requested on July 25 to be placed in recovery for three months.

Clestra employs some 700 people worldwide, but this recovery decision only concerns its 400 French employees, 300 of whom work in Illkirch-Graffenstaden, in the suburbs of Strasbourg, said the CGT. Asked by AFP, the management indicated “not to keep comments”.

Despite a full order book until the end of the year, Clestra needs financing, especially after the “massive” cyberattack suffered by the company in April which cost it between “2 and 3 M€ “And has long disrupted its activity, explained to AFP Amar Ladraa, CGT member of the CSE and head of the CGT Metallurgie Grand Est. Clestra is also on trial with the lessor of its Illkirch premises, which intends to almost double the annual rent, currently €1.3 million, according to Amar Ladraa. In total, the company would need “from 10 to 15 M€”, he had shown. Clestra has also suffered from the coronavirus crisis as well as “the consequences of the war in Ukraine”, including the increase in the cost of raw materials, transport and energy, as well as the loss of contracts, underlined in a press release the CGT.

Clestra, which joined the South Korean group KC Green Holdings in 2018, achieved a turnover of €145 million in 2021. In February, the company took control of PPG Cleanroom, a designer and builder of ” clean rooms” for industry, with very controlled atmospheres, becoming a major player in this sector. Founded in 1913 in Cleveland, in the United States, before setting up in Alsace, the company had already been put into recovery in 2013. 150 jobs had been lost. The group became French in 1989 under the name of Clestra (contraction of CLEveland and STRAsbourg).

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