(CercleFinance.com) – Safe indicates that its management initiated a complete audit of the group on December 18 aimed at preparing a draft recovery plan, with the assistance of the receiver, with a view to presenting it to the Court of Commerce of Pontoise.
On a strategic level, management’s desire is to maintain the structure around the subsidiaries Safe Medical (medical devices for orthopedic surgery) and Safe Orthopedics (ready-to-use technologies for back surgery).
Management is already studying new industrial configurations aimed at increasing Safe Medical’s machining capacities, reducing its production times and creating a specific offer linked to its ability to deliver sterile products.
Safe is studying new short and medium term financing avenues with its financial partners, and is negotiating with its main shareholder the conditions for granting financing with a view to covering its needs until the start of the recovery plan.
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