April 19, 2024

Unhealthy information from the world of leisure autos. To the shock of trade stakeholders and its collectors, Quebec mini-trailer producer Hélio filed for chapter in current weeks.

Based in 2014 by Jean-Roch Lacroix, Jérémy Leblanc and Marco Leblanc, Hélio stood out for producing mini pendants within the form of a water drop. Round ten staff misplaced their jobs within the firm based mostly in Lavaltrie.

In keeping with our data, one of many firm’s shareholders, Jean-Roch Lacroix, purchased nearly all of the shares from his companions Jérémy and Marco Leblanc final summer season. Nevertheless, after this transaction, we skilled an ideal storm. Hélio bumped into monetary issues, whereas Mr. Lacroix struggled with vital well being issues.

Given this example, the corporate had no selection however to guard itself from its collectors. A month later, Hélio was formally declared bankrupt.

Contacted by Le Journal, Marco Leblanc didn’t need to touch upon the sale of his shares to Jean-Roch Lacroix or the remainder of the occasions. Like Leblanc, Lacroix was unable to reply our questions.

Jean-Roch Lacroix (proper) purchased the shares of Jérémy Leblanc (heart) and Marco Leblanc (left) within the firm Hélio final summer season. From that second on, the producer’s monetary state of affairs deteriorated. Chantal Poirier / JdeM

Indicators that aren’t deceptive

Official paperwork point out that Hélio owes an quantity of greater than $2 million to round sixty collectors. The biggest debt is a $1.5 million mortgage to the Caisse Desjardins de Jonquière.

We interviewed a number of the believers on this checklist. A number of managers have been shocked once they acquired a chapter discover from Hélio. The RV firm had good relationships with its suppliers and continued to fulfill its obligations till the top of July.

Nevertheless, sure indicators weren’t fallacious. For instance, SME representatives have been conspicuous by their absence throughout a significant exhibition in Indiana, in September. Nevertheless, they’d reserved their place within the showroom, the place all the large gamers within the RV trade have been current.

“It’s been a couple of weeks since we final heard from them,” defined Jean-François Caron, gross sales supervisor at Horizon Lussier. We nonetheless have about ten of their followers on our farm.”

Moreover, Hélio is within the means of promoting greater than $1.5 million in stock on trustee Lemieux Nolet’s web site. There are a number of new mini trailers, gear and supplies used within the manufacturing of leisure autos.

Round twenty distributors

Hélio’s merchandise have been distributed in additional than twenty factors of sale in Quebec, Canada, but in addition in the US.

The Quebec firm had sellers in Alberta, Ontario, British Columbia, but in addition in North Carolina, Wisconsin, Ohio and a number of other different American states.

Hélio focused house owners of small SUVs, compact vehicles and electrical vehicles that wouldn’t have sufficient towing capability for typical trailers.