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Distressed acquisition opportunities – 12 may 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 RengotLaura 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).

 

Passenger transport services

Main features:

  • Business: Group of six companies (including one holding company) that provide urban and interurban passenger transport services under public service delegation agreements or public contracts.
  • Location: Occitanie
  • 2024 revenues (project) : 24,2 M€ – 2023 revenues: 23,6 M€
  • Headcount 271 employees
  • Deadline for submitting bids: 06/06/2025

Groupe Neoa

Main features:

  • Business: Large format printing
  • Location: La Bazoge (Sarthe)
  • Company registration number: 419 091 095
  • 2023 revenues (21 months): 22 M€
  • Headcount 58 employees
  • Deadline for submitting bids: 02/06/2025

Groupe Général Industries

Main features:

  • Business: Group specialising in the trading and production of recycled plastics
  • Location: Aix-en-Provence (Bouches-du-Rhône)
  • Company registration number: 451 460 836
  • 2024 revenues: 18,7 M€
  • Headcount 49 employees
  • Deadline for submitting bids: 28/05/2025

Trade and production of mussels and oysters

Main features:

  • Business: Trade and production of mussels and oysters
  • Location: Bassin de Thau (Gironde)
  • 2024 revenues (project): 5 M€
  • Headcount 15 employees
  • Deadline for submitting bids: 30/05/2025

Comptoir Electronique d’Armor – Franchisé Boulanger

Main features:

  • Business: Retail sale of electrical household appliances under the Boulanger brand name
  • Location: Plérin (Côtes d’Armor)
  • Company registration number: 316 390 251
  • 2024 revenues : 3,2 M€ – 2023 revenues (18 months) : 4 M€
  • Headcount 11 employees
  • Deadline for submitting bids: 27/05/2025

Maison Schosseler

Main features:

  • Business: Premium catering service
  • Location: Taissy (Marne)
  • Company registration number: 309 020 550
  • 2023 revenues: 2,5 M€
  • Headcount 19 employees
  • Deadline for submitting bids: 30/05/2025

Groupauto

Main features:

  • Business: Vehicle repair and assembly, and parts sales.
    Retail sale of frozen French products.
  • Location: Montpellier (Hérault)
  • 2023 revenues: 2,7 M€ – 2022 revenues: 3 M€ – 2021 revenues: 3,1 M€
  • Headcount 17 employees
  • Deadline for submitting bids: 10/06/2025

D&L Commerce – Brand Ecomiam

Main features:

  • Business: Retail sale of frozen French products
  • Location: Saint Jouan des Guérets, Taden and Combourg (Ille-et-Vilaine)
  • Company registration number: 839 295 441
  • 2024 revenues: 1,95 M€ – 2023 revenues: 2 M€
  • Headcount 7 employees (including 3 apprentices)
  • Deadline for submitting bids: 27/05/2025

Sale of high-end women’s ready-to-wear clothing

Main features:

  • Business: Sale of high-end women’s ready-to-wear clothing
  • Location: Lyon (Rhône Alpes)
  • Company registration number: RT International : 780 054 334
  • 2024 revenues: Lenovisaac : 107 K€ – RT International : 1,9 M€
  • Headcount: Lenovisaac : 0 employee – RT International : 10 employees
  • Deadline for submitting bids: 27/06/2025

Electronics and IT company

Main features:

  • Business: This electronics and IT company designs, manufactures and markets thin client terminals for computer servers and professional IT use in office and industrial environments.
  • 2024 revenues: 1,8 M€
  • Headcount 15 employees
  • Deadline for submitting bids: 02/06/2025

General mechanical turning

Main features:

  • Business : General mechanical turning and, on an ancillary basis, all business consulting activities and the acquisition and management of securities.
  • Location: Cher
  • 2024 revenues : 1,6 M€
  • Headcount 12 employees
  • Deadline for submitting bids: 11/06/2025

Controls, diagnostics, sanitation

Main features:

  • Business: Controls, diagnostics, sanitation
  • Location: Indre-et-Loire
  • 2024 revenues (15 months) : 1,4 M€
  • Headcount 17 employees
  • Deadline for submitting bids: 16/06/2025
 

Anotherway

Main features:

  • Business: Wholesale company that specialises in selling eco-designed cleaning products and household accessories.
  • Location: Marseille (Bouches-du-Rhône)
  • Company registration number: 840 999 296
  • 2024 revenues: 1,2 M€
  • Headcount 5 employees
  • Deadline for submitting bids: 28/05/2025

Saca Seempa

Main features:

  • Business: Wholesale bottling of natural mineral water from the Aix-en-Provence region.
    Wholesale company specialising in the sale of eco-designed cleaning products and household accessories.
  • Location: Bouches-du-Rhône
  • Company registration number: 752 731 448
  • 2024 revenues: 946 K€
  • Headcount 6 employees
  • Deadline for submitting bids: 02/06/2025