HomeEconomyMaison de la Literie: the distribution branch in turn in receivership

Maison de la Literie: the distribution branch in turn in receivership

After the manufacturing branch, the distribution branch of the IFP group firm is the subject of judicial intervention, a procedure that aims to protect “brands, activity and jobs”.

The distribution arm of the Maison de la Literie group has been placed in receivership, just days after a similar move was made for its manufacturing arm, the IFP (lnternationale de Franchise et de Participations) group said on Friday.

“Preserving brands, activity and jobs”

A similar procedure had affected the industrial branch (Maison de la Bedding Industries) on July 6, he recalls.

The IFP Group brings together 7 brands, 301 stores including 35 branches: Maison de la Literie, Maison de la Literie Prestige, Univers du Sommeil, Univers du Sommeil Premium, Place de la Literie, Mobeco and Tousalon. It now employs 140 people, in addition to the indirect jobs of its franchisees.

A family group, Maison de la Literie was sold in 2022 by its founder Pierre Elmalek to his Belgian partner Marc Veldeman.

Author: NLC with AFP
Source: BFM TV

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