The company, despite having raised funds from the French public in the autumn, placed itself under the protection of the commercial court for the third time in six years.
In a tough blow for the many people who have supported employees’ efforts to take over Duralex these past two years, the iconic glass manufacturer announced on Monday, June 1, that it was entering receivership, with a six-month observation period.
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It is the third time Duralex has gone into receivership in six years. The company based in La Chapelle-Saint-Mesmin, central France, had previously undergone such proceedings in September 2020, before being acquired by International Cookware (Pyrex), and again in 2024, after which the commercial court awarded the takeover to the worker cooperative led by the employees, or SCOP, with political and financial support from Greater Orléans and the Centre-Val de Loire region.
In a statement released on Monday, Duralex highlighted the “commercial transformation plan” implemented over the past 18 months, which “has started to show results, with a 7% growth in revenue as of December 31, 2025, and confirmation of sales and margin targets in the first months of 2026.” However, the company said it was “facing cash flow pressures due to a significant increase in inventory in January and February 2026, combined with shortages affecting sales of flagship products,” all in a context of
