Ran it through a translator program:
The commercial court of Saint-Étienne ruled on Wednesday 4 June between the two bids in the running for the takeover of Verney-Carron. He chose the one of the Loire company Rivolier. Verney-Carron has found a buyer. Rivolier was appointed by the Saint-Étienne commercial court on Wednesday, June 4. The Saint-Just-Saint-Rambert-based group had pleaded its case in court last week, as had the Belgian company FN Browning, which had been in the running for several months to take over the Saint-Etienne-based arms manufacturer. FN Browning was even the favourite of Cybergun, owner of Verney-Carron.
Putting the local employment area to work Rivolier was the local of the stage, and that's perhaps what worked in his favour. The family business employs 112 people in the Loire, and generates a turnover of 130 million euros. Verney-Carron was not the first company that Rivolier had bought. Recently, the Loire company got its hands on MD Tech, which makes products for forensic science in Andrézieux-Bouthéon, as well as Hexadrone, based in Saint-Férréol-d'Auroure, in Haute-Loire. We want to make this employment area work!", declared the boss of Rivolier, Arnaud Van Robais, after the hearing at the commercial court.
His plan for Verney-Carron is to relaunch the activity on Thursday, June 5, with 55 employees, out of the 67 that the Saint-Etienne company has. And it is a former employee of FN Browning who will manage the site, still in the same premises, boulevard Thiers. At least for the moment, because Rivolier is not buying the walls and has the ambition to build a new factory in the future.