Downfall of La Sacherie Capron: The End of an Era for a 80-year Old Martinique Company

2024-01-15 01:16:51

It is one of the oldest local companies in Martinique. After 80 years of existence, La Sacherie Capron was placed in liquidation by the commercial court. A judgment of October 3, 2023 ratified the resolution of the recovery plan, thus leading to the judicial liquidation of the company which had around twenty employees. The date of cessation of activity has been extended until January 26, 2024.

La Sacherie Capron, one of the oldest local companies, managed by Josiane Capron, president of AMPI (Association Martiniquaise Promotion de l’Industrie) recently experienced economic setbacks leading to its placement in compulsory liquidation by the Fort-de-France commercial court. de-France, according to the judgment of October 3, 2023. This decision ratified the resolution of the recovery plan, marking the end of an emblematic company in Martinique.

Founded in 1944 by Max Capron in the town of Morne-Vert, Sacherie Capron distinguished itself by the manufacture of plastic packaging, as well as the sale of packaging products. Specializing in the production of paper and plastic bags for disposable tableware, this company has prospered over the years, reaching a workforce of 40 employees, including 36 on permanent contracts, 2 on future contracts and 2 CAE DOM (access contracts to employment). It has expanded its footprint with six points of sale in Martinique and one in Jarry in Guadeloupe, also modernizing with an increased presence in the field of e-commerce.

archives Sacherie Capron Martinique la 1ere + Sarl Capron • ©DR.

However, the first difficulties emerged with competition from products imported from Turkey and China. The social crisis of 2009 also left its mark, followed by problems with production facilities in 2013, with machines regularly breaking down.

Sacherie Capron finds itself faced with competition from foreign products, manufactured at a cost four to five times lower, and must adjust its strategy. Josiane Capron described this delicate situation in 2014 during an interview with Martinique la 1ère: “We are faced with the need to preserve our 38 employees, to maintain our production equipment as it is, to make investments, to pay salaries in line with European standards. It is essential not to suffer from the onslaught of competition on all these fronts.

Sacherie Capron in 2014 • ©Martinique1ere

In 2015, European plastic legislation hit the company. The law on energy transition and green growth of August 17, 2015 puts an end to the distribution, for a fee or free of charge, of single-use plastic bags intended for packaging goods at points of sale. This ban will induce changes in consumption and production patterns. Single-use plastic products are also disappearing from the shelves (cotton swabs, dishes and cutlery, straws and stirrers, etc.).

Nine months following receiving the Captain of Industry Trophy by the President of the CCIM (Chamber of Commerce and Industry of Martinique), on March 28, 2015, Josiane Capron seeks justice. His company was suspended, triggering judicial recovery proceedings in December of the same year.

Josiane Capron – president of the AMPI • ©JCS

Josiane Capron was elected president of AMPI (Association Martiniquaise Promotion de l’Industrie) in April 2018. Throughout this period. Despite a ten-year recovery/continuation plan, the company is experiencing persistent difficulties, leading to a modification by the courts of the plan in March 2021. In February 2022, the statement of debts was filed with the court registry.

Over the last few years, the number of employees at Sacherie Capron has fallen significantly, from around forty to less than twenty.

The commercial court rendered its judgment on October 3, 2023, pronouncing the resolution of the recovery plan and the judicial liquidation of SACHERIE CAPRON, a limited liability company, appointing Selarl Montravers Yang Ting as liquidator. Initially stopped on December 6, 2023, the extension of the end of activity is now set for January 26, 2024, marking the end of an era for this emblematic Martinican company following 80 years.

Archives 2014: (Re)see the report by Delphine Bez and Oliver Nicolas dit Duclos

Josiane Capron is to this day president of AMPI, member of the office of FEDOM (Federation of Overseas Enterprises), and president of Eurodom Martinique. According to one of its members, AMPI held its Annual General Meeting on October 18, and should obviously renew its bodies and its office shortly. Given the judicial liquidation of her company, Josiane Capron can no longer represent all Martinique industrialists locally and nationally and will be replaced shortly by a new president. The name of Charles Larcher, Vice-President, is the one that comes up most often.

1705282861
#Sacherie #Capron #80yearold #Martinique #icon #compulsory #liquidation

Leave a Replay