Radar > 234794

Fabricor still for sale

A Fabricor continua à venda

Intel ID : 234794
Synopsis

Fabricor, based in Setubal and a manufacturer of corks, is still up for sale, as published by newspaper Jornal de Negócios on 15 March 2016, citing an official source from Fabricor.

According to the news, Fabricor filed for bankruptcy with debt exceeding EUR 30.3m, half of which to Novo Banco, and it still does not have a buyer, despite the cut in its price, of millions of euros.

Still according to the news, Novo Banco and the other 82 creditors, that it will be almost impossible to recuperate the EUR 30.3m in loans, part of the liquidation process of Fabricor, since the comapny went through its third sale attempt, on March 4, which failed.
(content in portuguese)

A Fabricor, empresa com sede em Setúbal e que se dedica a fabricação de rolhas de cortiça, continua à venda, segundo publicou o jornal de Negócios no dia 15 de março de 2016, citando uma fonte oficial do escritório do gestor judicial da Fabricor.

De acordo com a publicação, a corticeira Fabricor, que faliu com dívidas de EUR 30,3m, metade dos quais ao Novo Banco, continua sem comprador, apesar do corte de milhões no preço de venda das instalações fabris.

Ainda segundo a notícia, o Novo Banco e os demais 82 credores da Fabricor sabem que pouco ou nada irão conseguir recuperar dos EUR 30,3m de créditos que reclamam no processo de insolvência, já que a empresa passou, no último dia 04 de março, pelo terceiro procedimento de venda sem sucesso.

Target

Portugal

Intel ID 234794
Value ND
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Industry / Glass, Ceramic, Paper, Plastics, Wood and Timber (Primary)
Primary Sector (TTRSC)
55.04.06 Wood Products
55 Raw Materials & Natural Resources / 55.04 Forestry

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.