Casa France, the French arm of the home decor and furnishings chain, is on the brink of compulsory liquidation following the likely rejection of all nine takeover bids examined by the Bobigny Commercial Court on 11 June. The court will deliver its final decision on 27 June.
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According to the official statement, "in light of the criteria required by law, the offers could be deemed inadmissible." The court also reviewed an application to convert the ongoing receivership, initiated on 2 April, into liquidation.
If approved, liquidation would impact all 143 Casa France stores and their support services, affecting 577 permanent employees and around 100 on fixed-term contracts.
The company's difficulties stem largely from the collapse of its parent firm, Casa International, in Belgium. That entity, which historically handled core logistics and IT functions, was liquidated in March 2025 after failing to attract a buyer, following its own financial collapse in October 2024.
Casa France claims to be the victim of an "exogenous shock" beyond its control, which disrupted operations across European subsidiaries. These issues were further compounded by a struggling French home and furniture market, hit hard by the downturn in real estate.
Despite the challenges, Casa France generated significant cash flow during the observation period, growing from €3 million to €15 million. The company stated that this would enable a "significant portion of the liabilities to be settled."
Unless a last-minute solution is found or the court changes course, Casa France appears set to close its doors, marking the end of a brand heavily reliant on a now-defunct international structure.
Source: www.meuble-info.fr