Distressed acquisition opportunities – February 2023

This court-sanctioned sale process offers an opportunity to buy:

• Fast: in a few weeks
• Directly or through a NewCo
• After limited due diligence (i.e., limited to the scope of the acquisition)
• At lower prices than out-of-court acquisitions: the real cost consists in financing the acquired operation
• Free and clear of debt, with only a few exceptions (no successor liability – lien and encumbrance free)
• Without liability for restructuring costs
• A turnkey, autonomous business unit
• “Cherry picked” assets (number of employees, tangible and intangible assets, as well as rental, finance lease, distribution, purchase, and service agreements necessary for the continued operation of the business).

		SAS Vitalité Main features: Business: Holding company of a regional wholesaler-distributor group specialized in fruits and vegetables and seafood products. Location: North of France area and Belgium Headcount 202 employees 2022 revenues: 43,2 M€ Deadline for submitting bids: 03/03/2023
		Import and distribution of tires Main features: Business: Import and distribution of tires, wheels and tubes, specializing in tires for intensive use (agricultural, public works, trucks, civil engineering, handling, recreational vehicles…). Location: Headquarters: Hérault – Warehouses / logistics : Bouches-du-Rhône and Indre-et-Loire. Headcount 63 employees 2022 revenues: 36 M€ Deadline for submitting bids: 13/03/2023
		Garden furnitur Main features: Business: Distribution of plastic articles for the garden (major retail). Location: Bourgogne Headcount 41 employees 2022 revenues: 30 M€ Deadline for submitting bids: 15/03/2023
		Japanese restaurants Main features: Business: Japanese restaurant to take away or delivery, 19 restaurants operating under a common brand, and 1 manufacturing laboratory. Location: Paris, Yvelines, Hauts-de-Seine, Seine-Saint-Denis and Val-de-Marne Headcount 330 employees 2022 revenues: 29,3 M€ Deadline for submitting bids: 13/03/2023
		Parts manufacturing for the automotive, aeronautical, railway, defense and agri-food sectors Main features: Business: Company specialized in the manufacture of parts or assemblies for the automotive, aeronautical, railway, defense and agri-food sectors. Location: Nouvelle-Aquitaine Headcount 108 employees 2021 revenues: 17 M€ Deadline for submitting bids: 13/03/2023
		Sainthimat Main features: Business: Retail trade of hardware, paints and glass in supermarkets. Location: 3 magasins : Caudry (Nord), La Bassée (Nord) and Gaillon (Eure). Company registration number: 309 716 603 Headcount 47 employees 2021 revenues: 13,7 M€ Deadline for submitting bids: 30/04/2023
		Assembly of welded sheet metal parts Principales caractéristiques : Business: Assembly of welded sheet metal parts. Location: Poitou-Charentes Headcount 100 employees 2022 revenues: 12 M€ Deadline for submitting bids: 13/03/2023
		LED products and smart lighting solutions Main features: Business: European player specialized in the manufacture, promotion and marketing in B2B circuit of LED products and smart lighting solutions. Location: Val d’Oise Headcount 34 employees 2022 revenues: 11,1 M€ Deadline for submitting bids: : 24/03/2023
		Betri Main features: Business: Design, manufacture, refurbishment of pressure equipment for nuclear power plants, on-site intervention. Location: Meyzieu (Rhône) Company registration number: 957 501 026 Headcount 47 employees 2022 revenues: 7,7 M€ Deadline for submitting bids: : 20/03/2023
		Subcontracting of manufacturing and distribution of food products Main features: Business: Semi-industrial company specialized in the subcontracting of manufacturing and distribution of food products, take-away meals mainly for Asian restaurants. Location: Chevilly-Larue (Val-de-Marne) Headcount 60 employees 2022 revenues: 7,5 M€ Deadline for submitting bids: : 08/03/2023
		E-commerce and logistics services platform for wineries Main features: Business: E-commerce and logistics services platform for wineries. Location: Mâcon (Saône-et-Loire) et Paris Headcount 20 employees 2021 revenues: 5,1 M€ – 2022 estimated revenues: 4,2 M€ Deadline for submitting bids: : 06/03/2023
		Flour mill Main features: Business: Flour mill. Location: Chenay-le-Châtel (Saône-et-Loire) Headcount 8 employees 2022 revenues: 4,5 M€ Deadline for submitting bids: : 24/03/2023
		Predictive computer programming based on artificial intelligence Main features: Business: Technology company developing and operating predictive computer programs based on artificial intelligence in the field of health and more particularly in the field of allograft. Location: Paris Headcount 26 employees 2022 revenues: 3,4 M€ Deadline for submitting bids: : 27/03/2023
		Collet & Amblard Main features: Business: General industrial mechanics, mechanical assemblies and sub-assemblies. Opportunities: gas, nuclear, hydro-electric sectors. Location: Veurey-Voroize (Isère) Company registration number: 056 501 166 Headcount 27 employees 2022 revenues: 3,4 M€ Deadline for submitting bids: : 20/03/2023
		AFCOT Main features: Business: Group of companies in bonis with an activity of assistance, training and consulting in work organization (AFCOT). Location: Oise and Cangas (Spain) Company registration number: 056 501 166 Headcount: Company 1: 1 employee – Company 2: 17 employees – Company 3: 19 employees – Company 4: 2 employees 2022 revenues: Holding : 144 K€ –  Company 2: 2,4 M€ – Company 3: 816 K€ – Company 4: 202 K€ Deadline for submitting bids: : 31/03/2023
		Construction of electrical and telecommunication networks Main features: Business: Construction of electrical and telecommunication networks. Location: Azay-le-Rideau (Indre-et-Loire) Headcount 26 employees 2022 revenues: 2 M€ Deadline for submitting bids: : 31/03/2023