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The Commercial Court of Lille pronounced on Wednesday the judicial liquidation of Artmadis, wholesaler of tableware based in Wasquehal (North) and former subsidiary of Arc International, resulting in the dismissal of 198 people, said the
The company was placed in receivership on May 22nd, and "at the end of the period of observation fixed by the court, no offer of recovery deemed sufficiently credible by the commercial court of Lille has could be identified, "said Artmadis in a statement.
" This cessation of activity is the result of a difficult economic situation, the results of Artmadis having been heavily negative in 2017 ", detailed the company bought in 2012 by the German company Mutares in the group Arq.
"I am disgusted, everything was done by the shareholders not to badume their responsibility.We will now try to have some money to accom to pocket these 200 people, but 17 million euros of stock and nothing in cash mobilisable, it is incomprehensible ", reacted Me Stéphane Ducrocq, the lawyer of the employees.
The seat of Artmadis is located in Wasquehal and the company has two depots in Arques (Pas-de-Calais) and Parthenay (Deux-Sèvres).
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