Dialzo still in limbo about future

Durand, director of the feed company based in Vergt, south-west France, was still in shock after no decision had been made on the future of the company.

 

The company faces financial difficulties since 2004 and had its main shareholder, the poultry integrator DUC, to find a solution to its problems.

 

A hearing, led by the Commissioner of the implementation plan was then held at the Commercial Court of Perigueux to try to find a solution between the company and its principal shareholder.

 

"The DUC group did not come up with any solution,” Durand lamented.

 

However, the public traded company will have to make a decision about the future of his thirteen employees at its plants in Vergt and and Mayenne.

 

"It’s still too early to decide anything, we must leave a little time to react," Durand said.

 

“Hopefully by the end of the week we will know the consequences of this "non-decision" and what it means for the future of the thirteen employees of Dialzo,” he said.

 

Dialzo is a company with a Board of Directors and a capital of €1,350,000 €. It is quoted on the stock market “Marché Libre de la Bourse de Paris” The  principal shareholder is the DUC group.

 

The two factories produce around 57,000 tonnes annually using cooking-extrusion processes. The company operates seven extruders.