House of Bedding Torpedoed by Failed Estate

by time news

2023-07-16 20:07:11

On its own, House of Bedding Industries, which manufactures mattresses and box springs in particular, reports “a payable liability” of 18 million euros which it is “not able to meet”. 316992261/Vera – stock.adobe.com

DECRYPTION – Two branches of the group have been placed in receivership, against a background of shareholder conflict.

Despite a leading position in France, Maison de laière has never been in such bad shape. Admittedly, the sign has not been in its best shape for a while. But it is now a war of succession that threatens its future. A few days apart, on July 6 and then July 13, the two activities of manufacturing and distributing mattresses and box springs were placed in receivership by the Commercial Court of Chalon-sur-Saône. In either case, it is “protect the interests of French brands in a coordinated manner and allow all entities to actively pursue their restructuring, undertaken since the beginning of 2023”, we specify. On its own, Maison de laière bedding Industries, which manufactures mattresses and box springs in particular, reports “of a current liability” of 18 million euros to which it is “unable to cope”.

This earthquake highlights a shareholder conflict that has been going on for years. “Elmalek families against…

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