German Navigator Group ready to save Valdunes


Valdunes, the last French manufacturer of railway wheels and axles, employs 340 people in the Nod department distributed between the Leffrinckoucke forge as well as the finishing and embly site in Trith-Saint-Léger. HELENE DECAESTECKER/PHOTOPQR/VOIX DU NORD/MAXPPP

INFO LE FIGARO – The group presents, this Tuesday to the unions, its project to revive the French equipment manufacturer in difficulty.

A hope for Valdunes, the last French manufacturer of railway wheels and axles, let go last May by its Chinese shareholder MA Steel? A project to take over the equipment manufacturer with its two sites and its employees – i.e. 340 people distributed between the Leffrinckoucke forge (95 employees) near Dunkirk and the finishing and embly site of Trith-Saint-Léger (245) next to Valenciennes – is in fact supported by the German Navigator Group, armed arm of the investment holding company Navigator Capital. At this stage, the expressions of interest expressed by the six other potential buyers do not relate to a “recovery at two sites», according to Bercy’s expression.

Representatives from Navigator Group approached us. They visited the two sites and initiated discussions with Bercy and Bpifrance who they are due to meet this week», confides Maxime Savaux, general secretary (CGT) of the economic and social committee (CSE) of Valdunes to Figaro. This Tuesday, Navigator Group must…

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