17.06.2025

Distressed acquisition opportunities – 16 june 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).


		Design, manufacture and transport of pizzas Main features: Business: Design, manufacture and transport of pizzas 2024 revenues: Company 1: 39 M€ – Company 2: 22 M€ – Company 3: 2,1 M€ – Company 4: 3,6 M€ – Company 5: 57,3 M€ Deadline for submitting bid: 10/07/2025
		Material recovery and processing Main features: Business: Recycling and processing of construction materials and inert and contaminated soil, as well as the production of ready-mixed concrete (known as green concrete) Location: Companies 1 to 4: Gennevilliers (Hauts-de-Seine) and companies 5 and 6: Nogent-le-Phaye (Eure) 2024 revenues: Company 1: 3,8 M€ – Company 2: 9 M€ – Company 3: 8,2 M€ – Company 4: 0,4 M€ – Company 5: 0,5 M€ – Company 6: 0 Headcount: Company 1 : 36 employees – Company 2: 32 employees – Company 3: 28 employees – Company 4: 1 employee – Company 5: 0 employee – Company 6: 0 employee Deadline for submitting bid: 01/07/2025
		Buffalo Grill Main features: Business: Traditional dining under the Buffalo Grill brand Location: Saint Martin des Champs (Finistère), Saint Agathon et Trégueux (Côte d’Armor), Bain de Bretagne (Ille-et-Vilaine) 2024 revenues: Company 1: 2 M€ – Company 2: 1,4 M€ – Company 3: 1,6 M€ – Company 4: 1,5 M€ – CA 2023 : Company 1: 1,8 M€ – Company 2: 1,3 M€ – Company 3: 1,7 M€ – Company 4: 1,7 M€ Headcount: Company 1: 16 employees – Company 2: 20 employees – Company 3: 20 employees – Company 4: 14 employees Deadline for submitting bid: 09/09/2025
		Adidas franchisees Main features: Business: Adidas franchisees Location: BAP 94 : Belle-Epine – EAP 91 : Evry 2 – LAP 59 : Euralille – PAP 93 : Parinor Company registration number: BAP 94 : 533 206 769 – LAP 59 : 849 106 083 – PAP 93 : 844 092 031 2024 revenues: BAP 94: 1,7 M€ – EAP 91: 1,3 M€ – LAP 59: 1,6 M€ – PAP 93: 1,5 M€ Headcount: BAP 94 : 7 employees – EAP 91 : 7 employees – LAP 59 : 7 employees – PAP 93 : 10 employees Deadline for submitting bid: 11/07/2025
		Communications agency Main features: Business: Event and digital communications agency for businesses Location: Malakoff (Hauts-de-Seine) 2024 revenues (15 months) : 6,2 M€ Headcount 12 employees Deadline for submitting bid: 09/07/2025
		Nursery and trading activities Main features: Business: Nursery and trading activities Location: Lot-et-Garonne 2024 revenues: Company 1: 1,6 M€ – Company 2: 3,3 M€ Headcount: Company 1: 21 employees – Company 2: 4 employees Deadline for submitting bid: 04/07/2025
		Buffalo Grill Main features: Business: Traditional dining under the Buffalo Grill brand Location: Landerneau et Guilers (Finistère), Lannion and Lamballe (Côte d’Armor) 2024 revenues : Company 1: 1,2 M€ – Company 2: 0,8 M€ – Company 3: 1,5 M€ – Company 4: 1,1 M€ – 2023 revenues: Company 1: 1,1 M€ – Company 3: 1,6 M€ – Company 4: 1 M€ Headcount: Company 1: 16 employees – Company 2: 20 employees – Company 3: 20 employees – Company 4: 14 employees Deadline for submitting bid: 09/09/2025
		Renovation work Main features: Business: All types of renovation work and asbestos removal Location: Ile-de-France 2024 revenues: 4,5 M€ Headcount 43 employees Deadline for submitting bid: 04/07/2025
		Technifroid Main features: Business: Installation and maintenance of kitchen equipment Location: Bondoufle (Essonne) Company registration number: 393 847 405 2024 revenues: 3,6 M€ Headcount 18 employees Deadline for submitting bid: 07/07/2025
		Tile laying Main features; Business: Purchase, sale and installation of all types of tiles, general masonry work Location: Val de Marne 2024 revenues: 3 M€ Headcount 14 employees Deadline for submitting bid: 27/06/2025
		Naïo Technologies Main features: Business: Designer, manufacturer and distributor of 100% electric autonomous robots: vineyards, market gardening and specialised production Location: Sud-Ouest 2024 revenues: 2,4 M€ Headcount 53 employees Deadline for submitting bid: 27/06/2025
		Geneuro Innovation Main features: Business: Research and development laboratory specialising in degenerative and autoimmune diseases Location: Lyon (Rhône-Alpes) 2023 revenues: 1,8 M€ Headcount 7 employees Deadline for submitting bid: 27/06/2025
		SAS Bechameil Main features: Business: Industrial manufacturing and maintenance of machinery Location: Cosne-Cours-sur-Loire (Nièvre) Company registration number: 830 836 722 2024 revenues: 1,3 M€ – 2023 revenues: 1,1 M€ Headcount 15 employees Deadline for submitting bid: 26/06/2025
		Bee’s developpement – Beesphere Energy Main features: Business: Management of a network of electric bike rental franchises with product purchase and resale Location: Sud Est Company registration number: 828 158 220 2024 revenues: 0,6 M€ – 2023 revenues: 2 M€ – 2022 revenues: 2,5 M€ Headcount 8 employees Deadline for submitting bid: 08/07/2025
		Rental investment advice Main features: Business: Turnkey rental investment advisory group Headcount : Holding 1 (under judicial reorganisation): 14 employees – Subsidiary 1 (in bonis): 1 employee – Subsidiary 2 (in bonis): 0 employee Deadline for submitting bid: 11/07/2025