2023-06-21 18:23:00
In a judgment published on Wednesday and consulted by AFP, the Nanterre commercial court granted the La Boucherie group the takeover of the Courtepaille brand, in receivership since March, as well as all of the 77 franchised restaurants. brand and 10 directly owned restaurants.
Of the 2,039 employees of Courtepaille, the vast majority of whom are employees of the 144 restaurants directly managed by Napaqaro, its owner (itself owned by the TDR fund), more than a thousand will not be taken over at this stage, specified to the ‘AFP a source inside the company.
On the other hand “nearly a thousand jobs” should be preserved thanks to this partial recovery.
In detail, 5 of the 87 restaurants taken over will be taken over by an employee and by current franchisees, who will become franchisees of La Boucherie, a spokeswoman for this company told AFP.
“Bringing a new dynamic”
“We are delighted to welcome Courtepaille to our family of brands and to work to preserve its identity and its heritage while injecting a new dynamic into it”, said Alexandre Baudaire, deputy general manager of La Boucherie, quoted by a press release from the group.
Founded in 1987 by the Baudaire family, the La Boucherie group includes the brands, Restaurant La Boucherie, Poivre Rouge, Bistrot du Boucher, Le Kiosque du Boucher, Mister Döner and Constant, which have a turnover under the brands of 160 million euros. euros.
With the takeover of Courtepaille, it will have 253 restaurants and nearly 3,000 employees.
Difficulties caused by “the Covid crisis”
For its part, Napaqaro has made an offer of reclassification within its other brand, Buffalo Grill, covering 512 positions, recalled a spokeswoman for the company.
Almost three years earlier, in September 2020, the brand of grill restaurants with a somewhat outdated image – rustic decor, wood fire and copper pans… – already in receivership, had been taken over by the fund British ICG by the company Napaqaro which wanted to invest in modernizing its network and renewing its concept in order to relaunch attendance.
But this revival might not be given impetus: faced with “serious economic and financial difficulties caused by the Covid crisis”which then “aggravated”, explained Napaqaro, Courtepaille was placed in receivership in March 2022.
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