Distressed acquisition opportunities – 27 october 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)

		Sale of recent used vehicles Main features: Business: Group specialising in the valuation, reconditioning and sale of recent used vehicles (3 companies) Location: Hérault 2024 revenues: 40,7 M€ – 2023 revenues: 37 M€ – 2022 revenues: 48,5 M€ Headcount 56 employees Deadline for submitting bid: 15/12/2025
		Association Entraide Main features: Business: Accommodation for elderly people – Approximately 1,000 residents – Association authorised to provide 100% social assistance Location: Bouches du Rhône 2024 revenues: 36,2 M€ Headcount 531 employees Deadline for submitting bid: 27/11/2025
		Support in optimising energy projects Main features: Business: Support for businesses, local authorities and installers in the engineering, financing and optimisation of energy efficiency and energy saving projects (CEE scheme). Intermediation between energy saving project developers and energy suppliers. Location: Paris 2024 revenues: Operating company: 17,9 M€ – Holding: 0,6 M€ – 2023 revenues: Operating company: 33,4 M€ – Holding : 0,5 M€ – 2022 revenues: Operating company: 45,7 M€ – Holding : 0,6 M€ Headcount : Operating company: 24 employees- Holding : 2 employees Deadline for submitting bid: 14/11/2025
		André Main features: Business: Purchase and sale of footwear, hosiery, knitwear and leather goods Location: Ile de France, Lyon, Bordeaux, Toulouse 2024 revenues: 11,6 M€ – 2023 revenues: 9,1 M€ Headcount 60 employees Deadline for submitting bid: 12/11/2025
		Technologie Industrielle de Tuyauterie et Mécanique Main features: Business: Piping and industrial mechanical engineering work Location: Chambéry (Savoie) 2024 revenues: 7,5 M€ – 2023 revenues: 6,8 M€ – 2022 revenues: 5,8 M€ Headcount 58 employees Deadline for submitting bid: 20/11/2025
		Industrial mechanics in the oil sector Main features: Business: Company specialising in industrial mechanics in the oil sector Location: Béziers (Hérault) 2024 revenues: 5,6 M€ Headcount 28 employees Deadline for submitting bid: 21/11/2025
		BtoB furniture manufacturing Main features: Business: BtoB furniture manufacturing Location: Bourgogne Revenues at 30/06/25: 4,6 M€ – Revenues at 31/12/24: 9,6 M€ Headcount 46 employees Deadline for submitting bid: 17/11/2025
		ER3I Main features: Business: Design and manufacture of automation systems and mechanical equipment (turbines and peripherals) for the small hydroelectricity sector Location: Laxou (Meurthe et Moselle) Company registration number: 382 399 996 2024 revenues: 4,2 M€ Headcount 24 employees Deadline for submitting bid: non fixé à ce jour
		Beauty Success Main features: Business: Operation of a business trading in perfumery and beauty care products under the BEAUTY SUCCESS brand name. Location: Rennes (Ille-et-Vilaine) 2024 revenues: 3,8 M€ Headcount 11 employees Deadline for submitting bid: 14/11/2025
		Nouvelle Perfo Sciage Diamant Main features: Business: Demolition work, concrete cutting, sawing of concrete materials in Normandy and the Paris region Location: Seine-Maritime Company registration number: 385 068 192 2024 revenues: 2,9 M€ Headcount 22 employees Deadline for submitting bid: 20/11/2025
		Arckea and Invisia Prods Main features: Business: ARCKEA : ARCKEA: Christmas decorations for shopping centres (events business) INVISIA PROD: Technical events service provider (sound, lighting, video) Location: Caen (Calvados) and Rennes (Ille-et-Vilaine) Company registration number: ARCKEA : 535 337 968 – INVISIA PROD : 528 786 429 2024 revenues: ARCKEA : 1,2 M€ – INVISIA PROD : 1,5 M€ Headcount : ARCKEA : 4 employees – INVISIA PROD : 5 employees Deadline for submitting bid: 12/11/2025
		Hôtel Moxy La Ciotat Main features: Business: Hotel Location: La Ciotat (Bouches du Rhône) 2024 revenues: 2,6 M€ Headcount 17 employees Deadline for submitting bid: 28/11/2025
		Retail and wholesale of spare car parts Main features: Business: Retail and wholesale of spare car parts Location: Val d’Oise 2024 revenues: 1,7 M€ Headcount 7 employees Deadline for submitting bid: 21/11/2025
		SylTie Rénov Main features: Business: Finishing works company specialising in home renovation and improvement for professionals and private individuals Location: Nevers (Nièvre) Company registration number: 490 980 869 2024 revenues: 1,7 M€ – 2023 revenues: 2,3 M€ – 2022 revenues: 1,9 M€ Headcount 33 employees Deadline for submitting bid: 17/11/2025
		Hotel and catering complex Main features: Business: Hotel and restaurant complex (currently unused) Location: Megève (74) Deadline for submitting bid: 23/02/2026