01.07.2025

Distressed acquisition opportunities – 1st july 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, processing and trade of all steel products Main features: Business: Company operating in the manufacture, processing and trade of all steel products, particularly special round steels mainly intended for the mechanical engineering, energy (oil and gas), defence, automotive and axle manufacturing industries for rolling stock Revenues: 180-220 M€ Headcount 800 employees Deadline for submitting bid: 24/07/2025
		Manufacture and distribution of office furniture Main features: Business: Manufacture and distribution of office furniture Location: Greater East 2024 revenues: Company 1: 592 K€ – Company 2: 8,2 M€ – Company 3: 300 K€ Headcount: Company 1: 1 employee – Company 2: 43 employees – Company 3: 0 employee Deadline for submitting bid: 18/07/2025
		The Cool Republic Main features: Business: Online concept store (private sales and permanent catalogue of furniture, lighting, decorative items, etc.) Location: Paris Company registration number: 789 833 647 2024 revenues: 7,9 M€ – 2023 revenues: 8,9 M€ – 2022 revenues: 10,1 M€ Headcount 17 employees Deadline for submitting bid: 28/07/2025
		Traditional restaurants Main features: Business: Companies specialising in traditional catering, each operating a restaurant – Individual or group sale Location: Annecy and Poisy (Haute Savoie) Company registration number: CP Poisy: 824 683 510 – JDB: 493 629 927 – O Savoyard: 341 550 150 2024 revenues: Company 1 : 1,2 M€ – Company 2 : 2,8 M€ – Company 3 : 2,3 M€ Headcount: Company 1: 11 employees – Company 2: 27 employees – Company 3: 19 employees Deadline for submitting bid: 19/09/2025
		SAS Transports Duc Limousin Main features: Business: Traditional freight transport: road transport, public goods transport services, road transport, goods vehicle hire and freight forwarding Location: Limoges (Vienne) Company registration number: 334 303 963 2025 revenues (7 months): 2 M€ – 2024 revenues: 5 M€ Headcount 27 employees Deadline for submitting bid: 15/09/2025
		Textile finishing Main features: Business: Textile finishing, dyeing and finishing, bleaching and fabric printing Location: Drôme 2024 revenues: 4,4 M€ Headcount 22 employees Deadline for submitting bid: 30/07/2025
		Les Magasins Jean – Enseigne Printemps Main features: Business: Retail clothing business under the ‘Printemps’ brand name Location: Brest (Finistère) Company registration number: 303 469 332 2023 revenues: 4,3 M€ Headcount 30 employees Deadline for submitting bid: 12/09/2025
		Velecta Paramount Main features: Business: Manufacture and sale of hair dryers and hairdressing appliances Location: Loir-et-Cher Company registration number: 300 460 011 2024 revenues: 2,9 M€ Headcount 20 employees Deadline for submitting bid: 31/07/2025
		Alt Logistique Main features: Business: Public and private transport of goods, consolidation, cutting, distribution, vehicle rental and chartering – Miscellaneous agricultural services Location: Montélimar (Drôme) Company registration number: 491 399 143 2024 revenues: 2,5 M€ – 2025 revenues (7 months): 1 M€ Headcount 14 employees Deadline for submitting bid: 15/09/2025
		Ruel Bruno Main features: Business: Charcuterie and cured meats, wholesale and retail Location: Bonnetable (Sarthe) Company registration number: 423 229 442 2024 revenues: 2,2 M€ – 2023 revenues: 3,3 M€ – 2022 revenues: 10,5 M€ Headcount 311employees Deadline for submitting bid: 04/07/2025
		La Terrasse Fleurie de Divonne Main features: Business: Operation of a hotel, guesthouse, restaurant, organisation of festive or sporting events, conferences, seminars or excursions, furniture rental Location: Divonne-les-Bains (Ain) Company registration number: 529 151 391 2024 revenues: 928 K€ – 2023 revenues: 889 K€ – 2022 revenues: 767 K€ Headcount 10 employees Deadline for submitting bid: 24/07/2025
		Obvy Main features: Business: Online payment solution for managing, executing and collecting business transactions via payment links and APIs Location: Bordeaux (Gironde) Company registration number: 830 703 658 2024 revenues: 500 K€ Headcount 9 employees Deadline for submitting bid: 11/07/2025
		Franchise Domino’s Pizza Main features: Business: Fast food Location: Château Gontier (Mayenne ) 2024 revenues: 0,25 M€ Headcount 7 employees Deadline for submitting bid: 25/07/2025