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Ceric Nouvelle Consolidates Businesses, Becomes Ceric Technologies

April 15, 2010
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The Commercial Court in Paris recently granted the transfer of the assets of Ceric, Hallumeca and Pelerin to Ceric Nouvelle. The court also transferred EquipCeramic’s shares (Spanish subsidiary) to Ceric Nouvelle, making it the main shareholder.

Ceric Nouvelle has been renamed Ceric Technologies, and the company aims to offer turnkey solutions for the heavy clay industry. Key personnel include Patrick Hebrard, president, and Laurent Toquet, administration and financial manager. The project was undertaken by Hebrard and Toquet, with the support of Pléiade Investissement, which becomes the main shareholder.

Ceric Technologies is restarting on a solid foundation around a strengthened team of experienced technicians and engineers. It is expected that the new ownership, along with effective support from the banks, will allow the company to restart with solid net assets, without any debt and with the necessary bank guarantees to make future projects more secure.

For more information, visit www.ceric.com.

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