Brandt collapses in France, costing 700 jobs as Algeria’s richest man Issad Rebrab takes a hit

Billionaires Africa | 19.12.2025 18:16
Brandt, the century-old French appliance maker owned by Algerian conglomerate Cevital, has been ordered into liquidation, ending a decade-long effort by billionaire Issad Rebrab to build a European foothold and wiping out about 700 jobs.