Distressed acquisition opportunities – 3 february 2025

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).


		Manufacture of automotive parts Main features: Business: Manufacture of automotive parts in rough and machined cast iron (around 40Kt/year), comprising 3 product families (chassis, engine, transmission – around 50 active references) Location: Caudan (Morbihan) 2024 revenues (project): 43,2 M€ – 2023 revenues: 56,4 M€ – 2022 revenues: 37,4 M€ Headcount 300 employees Deadline for submitting bids: 04/03/2025
		Particleboard production Main features: Business: Company specialising in the production of particleboard Location: Nouvelle Aquitaine Revenues: 25 M€ Headcount 90 employees Deadline for submitting bids: 21/02/2025
		Intermarché – Netto Main features: Business: Company 1: Operation of an Intermarché hypermarket / Drive / Petrol station Company 2: Operation of a supermarket under the Netto banner Company 3: Holding company Location: Finistère 2024 revenues : Company 1: 22,1 M€ – Company 2: 2,2 M€ – Company 3: 180 K€ Headcount: Company 1: 56 employees – Company 2: 6 employees – Company 3: 0 employee Deadline for submitting bids: 14/03/2025
		Digital platforms (marketplace) Main features: Business: Company 1: Product trading on digital platforms (marketplace) Company 2: Design and development of a digital platform to distribute products on marketplaces Location: Drôme 2023 revenues: Company 1: 20 M € – Company 2: 660 K€ Headcount: Company 1: 12 employees – Company 2: 7 employees Deadline for submitting bids: 25/02/2025
		Design, production and trading of shoes Main features: Business: Design, production and trading of women’s and men’s shoes made in Europe Location: International and multi-channel distribution (e-boutique, resellers, corners, physical shops (5 in France owned by a subsidiary)) 2023 revenues: 15 M€ Headcount 130 employees Deadline for submitting bids: 28/02/2025
		Public and road haulage Main features: Business: Public and road transport of goods and other goods, removals, organisation and operation of all goods depots and warehouses, purchase and sale of goods storage. Location: South of Lille 2024 revenues: 12,6 M€ – 2023 revenues: 12,6 M€ Headcount 78 employees Deadline for submitting bids: 28/02/2025
		Engineering consultancy in construction Main features: Business: Engineering and project management consultancy in construction and civil engineering Location: Saint Ouen (Seine-Saint-Denis), subsidiary in France and branches in Morocco and Switzerland 2023 revenues: 12,3 M€ Headcount 71 employees Deadline for submitting bids: 14/02/2025
		Mechanical engineering production equipment Main features: Business: Design and manufacture of mechanical engineering production equipment, industrial product development Location: Amboise (Indre-et-Loire) Revenues: 8,2-8,7 M€ Headcount 60 employees Deadline for submitting bids: 26/02/2025
		Civil engineering Main features: Business: Company 1: Civil engineering: roads, earthworks, demolition and drainage Company 2: Quarry engineering (gravel, sand) Company 3: Equipment hire Company 4: Remediation, waste management, asbestos removal Location: Saint Jean Le Blanc (Loiret) 2024 revenues: Company 1: 4 M€ – Company 2: 512 K€ – Company 3: 1 M€ – Company 4: 1,8 M€ – 2023 revenues: Company 1: 6,9 M€ – Company 2: 962 K€ – Company 3: 3 M€ – Company 4: 4,2 M€ Headcount: Company 1: 33 employees – Company 2: 2 employees – Company 3: 18 employees – Company 4: 15 employees Deadline for submitting bids: 25/02/2025
		Nouvelle Victoria Hygiène et propreté Main features: Business: Property company, cleaning and hygiene of all premises Location: Rhône Company registration number: 888 374 253 2024 revenues: 7,1 M€ – 2023 revenues: 7,8 M€ Headcount 267 employees Deadline for submitting bids: 20/02/2025
		Blonde Attitude Main features: Business: Marketing of items sold in luxury boutiques and shops (carpets, candles, scarves, jewellery, etc.). All graphic design and multimedia activities. Acquisition, use or transfer of all patents, designs, trademarks and works generating copyright relating to these activities. Location: Valence (Drôme) Company registration number: 540 021 854 2023 revenues: 4,6 M€ – CA 2022 : 5,4 M€ – CA 2021 : 6,5 M€ Headcount 15 employees Deadline for submitting bids: 10/02/2025
		Pharmacie du Grand Parilly Main features: Business: Pharmacy Location: Vénissieux (Rhône Alpes) Company registration number: 495 092 744 2024 revenues: 5,2 M€ – 2023 revenues : 4,8 M€ Headcount 17 employees Deadline for submitting bids: 27/02/2025
		Meat trade Main features: Business: Trapping and wholesale, semi-wholesale and retail meat trading and processing for local authorities, professionals and private individuals. Location: Bourgogne – Franche Comté 2023 revenues: 3,9 M€ – 2022 revenues: 4,9 M€ – 2021 revenues: 4,3 M€ Headcount 18 employees Deadline for submitting bids: 28/02/2025
		Manufacture of comfort footwear Main features: Business: Manufacture of comfort footwear Location: Lausone (Puy de Dôme) 2024 revenues: 3,7 M€ – 2023 revenues: 4,8 M€ – 2022 revenues: 4,6 M€ Headcount 38 employees Deadline for submitting bids: 21/02/2025
		Vigneron under the Schmidt banner Main features: Business: Manufacture, sale and installation of kitchens under the Schmidt banner Location: Saint Martin Boulogne and Wimereux (Pas de Calais) Company registration number: 388 781 767 2023 revenues: 1,9 M€ Headcount 7 employees Deadline for submitting bids: 14/02/2025