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2 Companies Bid for Lejaby Takeover

(Filed Under wholesale Lingerie News). French lingerie company Lejaby — currently the subject of a sale order after being placed in judicial administration by a Lyon-based court earlier this year — has two takeover bids from French companies.

According to the French bureau of the Associated Press, the first bid is from French pension fund Abcia, which proposed a restructuring plan that would retain 135 of Lejaby’s current staff of 450. The second bid for Lejaby was placed by Pacific Junction Corporation, a U.K.-registered company that bid on behalf of an anonymous French firm that is in the process of being established. The unidentified French company submitted a restructuring plan that would involve 220 of the 450 employees.

Despite its search for a buyer, Lejaby continues to trade normally and produce its intimate apparel lines. The company’s headquarters are in Rillieux-la-Pape, near Lyon, France.

more wholesale Lingerie News >>

Published 12-13-2011 by Katherine Rautenberg

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