Jaccar Holdings, Bourbon’s parent company, placed in safeguard procedure

Jaccar Holdings, Bourbon’s parent company, placed in safeguard procedure

Jaccar Holdings was placed in a safeguard procedure by the Marseille commercial court on 28 October. The family business owned by Jacques de Chateauvieux, Jaccar is the parent company of Bourbon (52.5 % of the capital) and the Réunion and Seychelles-based fishing company Sapmer (90%).

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            ▪ Jaccar Holdings, Bourbon’s parent company, placed in safeguard procedure

▪ Jaccar Holdings was placed in a safeguard procedure by the Marseille commercial court on 28 October. The family business owned by Jacques de Chateauvieux, Jaccar is the parent company of Bourbon (52.5 % of the capital) and the Réunion and Seychelles-based fishing company Sapmer (90%).

https://www.africabusinessplus.com/en/800249/jaccar-holdings-bourbons-parent-company-placed-in-safeguard-procedure/

The complex debt structure linking the holding

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