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Businessman Cedric Meston to take over struggling French company Duralex
Oct 14 (Reuters) - French businessman and former McKinsey associate Cedric Meston is taking over Duralex, the struggling glassmaker which opened administration proceedings earlier this year, said Meston and the French government on Wednesday.
• Meston, whose holding and investment company is called Tome, told reporters that his takeover of Duralex would result in around 150 jobs being saved
• "The takeover of Duralex by Tome opens up a new chapter for this company, which is an icon of our industrial know-how," added French industry minister Sebastien Martin on X
• The full financial details behind the deal were not disclosed
(Reporting by Sudip Kar-Gupta; Editing by Makini Brice)
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