|
|
Article: Bidders make play for Smoby.(Special Report)(Smoby-Majorette SA)
- Article from:
- Plastics News
- Article date:
- February 25, 2008
- Author:
CopyrightCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Richard Higgs
A string of potential bidders for ailing French toy maker Smoby-Majorette SA have come forward, among them Germany's top toy manufacturer Simba Dickie Group, according to French press reports.
Responding to a Jan. 25 deadline set by French commercial court administrators managing Smoby, Furth, Germany-based Simba Dickie was joined by a financial consortium led by Groupe Abcia of Grenoble, France.
For the bid, Abcia, a holding company with 160 million euros ($235 million) in annual sales, linked up with Paris-based turnaround specialist Caravelle SA, according to French newspaper Le Figaro.
Abcia's holdings include ...