Franklin’s Restructuring team has assembled its latest sector-by-sector list of distressed acquisition opportunities.
The targets are companies in insolvency proceedings that are now up for sale and for which tender offers have been made by the court-appointed trustees in charge of finding potential buyers.
Our sector-by-sector updates are designed to help clients quickly identify potential build-up opportunities.
Tender offer periods are very often extended beyond the deadlines specified in the list.
If you are interested in any of these assets, please contact our partners Numa Rengot, Laura Bavoux and Arnaud Pédron who will be happy to provide further information and assist you with your acquisition.
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).
Vencorex France (a subsidiary of the Vencorex group) / Vencorex TDIMain features:
|
||
Apats MarseilleMain features:
|
||
Intermarché supermarketMain features:
|
||
Industrial cleaningMain features:
|
||
DG HolidaysMain features:
|
||
Real estate agencyMain features:
|
||
MicronMax (Dieuze site)Main features:
|
||
France Inox IndustrieMain features:
|
||
Groupe Secma CabonMain features:
|
||
LailandMain features:
|
||
CMB IndustrieMain features:
|
||
Operation of an residential facility for dependent elderly peopleMain features:
|
||
Social services without accommodationMain features:
|
||
Marketing of an interactive reading console for childrenMain features:
|