Section 3: The introduction of a period allowing employees to make an offer in the event of the sale of a business in companies that are not required to set up a works council.

In companies that are not obliged to set up a works council pursuant to article L. 2322-1 du code du travail, when the owner of a business wants to sell it, the employees are informed, and no later than two months before the sale, in order to allow one or more employees of the company to submit an offer to acquire the business. Where the owner of the business is…

At their request, employees may be assisted by a representative of the regional chamber of commerce and industry, the regional chamber of agriculture, the regional chamber of trades and crafts territorially competent in connection with the regional chambers of the social and solidarity economy and by any person designated by the employees, under conditions defined by decree.

Information may be provided to employees by any means, specified by regulation, likely to make the date of its receipt by the employees certain. When information is provided by registered letter with acknowledgement of receipt, the date of receipt of the information is the date of first presentation of the letter. Employees are bound by an obligation of discretion with regard to information received pursuant to this section, under the…

The sale takes place within a maximum of two years after the expiry of the period provided for in article L. 141-23. After this period, any sale is subject to articles L. 141-23 to L. 141-25.

This section shall not apply: 1° In the event of the sale of the business to a spouse, ascendant or descendant; 2° To businesses that are the subject of conciliation, safeguard, receivership or liquidation proceedings governed by Book VI; 3° If, during the twelve months preceding the sale, the sale has already been the subject of information pursuant to article 18 de la loi n° 2014-856 du 31 juillet 2014…