Fibre Excellence management submits takeover bid for group under receivership

The management of Fibre Excellence has submitted a takeover bid for the group to the Toulouse Commercial Court as part of ongoing restructuring efforts following the company’s entry into court-ordered receivership on 27 April. According to the proposal, management aims to secure the long-term future of the group’s industrial and forestry operations while preserving employment and maintaining a strategic domestic pulp production capacity in France.

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