[Arc France] Two-Year Plan - Synergy 2020

In order to finance its future growth and consolidate its leading position in the tableware market, Arc France recently announced the Synergy 2020 plan, a comprehensive two year plan based on six measures to avoid the risk of filing for bankruptcy as Arc France faces an increased need for cash. the plan is based on six measures, some of which include improving sales profit by creating business groups, changing working hours for all employees, along with numerous retirements to help reduce labour costs. Centralising internal maintenance teams intone, the sale of some of its warehouses following the decline of stocks in 2018, and the mechanising of packaging operations.