Moulinex Logo — Moulinex was a French manufacturer of home appliances and kitchen. The brand still continues to use the SEB Group. The company was founded in 1956 Jean Mantelet in Alencon, France. By mid-1980s the founder and director of the company abandoned it. In 1987 at the head of the company Roland Darneau (CEO), Michel Vannoorenberghe (CFO) and Gilbert Torelli (Marketing Manager).
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As part of its overseas expansion plan acquired the German company Moulinex Krups. Due to current problems in international markets, the company began to build financial problems. The evolution of the action of the company fell in late 1995 to 65 francs. In 1997 he closed the factory in Mamers and the stock fell in 1999 to 9.50 Euro. The September 11, 2001 the company, with 9000 workers, filed for bankruptcy. The reasons for the bankruptcy of the company that handled were diverse, ranging from mismanagement to globalization issues.
On 23 October the trading room right Nanterre told Groupe SEB Moulinex as manager. This decision led to numerous protests by workers. Of the 8 plants in France, besides the main plant in Alençon, had to close 3 more. 5000 employees lost their jobs, of which 3700 in France. On November 23, 2001 the company unions signed the compensation plan with payments of between 30,000 and 80,000 francs.
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