immeuble-franklin

Distressed acquisition opportunities – 28 april 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).

 

Café Coton

Main features:

  • Business: Sales of men’s ready-to-wear clothing and accessories. Recognised brand, specialising in shirts 27 directly-operated shops and 33 shops operated by independent distributors
  • Company registration number: SAS Café Coton : 378 617 245 – SAS Charlot Holding : 384 843 322
  • September 2024 revenues (7 months) : 18 M€ – February 2024 revenues: 35 M€ – February 2023 revenues: 33 M€
  • Headcount: SAS Café Coton : 100 permanent contracts, 12 fixed-term contracts and 2 apprenticeships – SAS Charlot Holding : 4 employees
  • Deadline for submitting bids: 06/05/2025

Supermarket Intermarché – Reims

Main features:

  • Business: 3,000 m² supermarket, petrol station and shopping arcade (bakery and restaurant)
  • Location: Reims (Marne)
  • 2023 revenues: 14,8 M€
  • Headcount 44 employees
  • Deadline for submitting bids: 06/06/2025

Trade in products and equipment

Main features:

  • Business: Trade in products and equipment for industrial and food liquids
  • Location: Essonne
  • 2023 revenues: 8 M€
  • Headcount 13 employees
  • Deadline for submitting bids: 26/05/2025

Le Revenu

Main features:

  • Business: Press and newspaper publishing group specialising in financial investment advice
  • Company registration number: Groupe Revenu Multimédia : 303 469 456 – Le Revenue Français Editions : 341 965 259
  • 2024 revenues: 5 M€ – 2023 revenues: 7,6 M€ – 2022 revenues: 9,3 M€
  • Headcount 33 employees
  • Deadline for submitting bids: 02/06/2025
centre-formation

IT training and apprenticeships

Main features:

  • Business: Continuing education and apprenticeships in IT (infrastructure and cybersecurity, data and AI, web development)
  • Location: Indre-et-Loire
  • 2024 revenues: 4,1 M€
  • Headcount 27 employees
  • Deadline for submitting bids: 30/05/2025

Printing

Main features:

  • Business: Commercial printing
  • Location: Nouvelle Aquitaine
  • 2024 revenues: 2,7 M€ – 2023 revenues: 2,4 M€ – 2022 revenues: 2,2 M€
  • Headcount 10 employees
  • Deadline for submitting bids: 07/05/2025

Freight transport

Main features:

  • Business: Long and short distance interurban road freight transport
  • Location: Eguilles (Bouches-du-Rhône)
  • 2024 revenues: 2,2 M€ – 2023 revenues: 2,1 M€ – 2022 revenues: 1,6 M€
  • Headcount 11 employees
  • Deadline for submitting bids: 06/06/2025

Ascode

Main features:

  • Business: Design office specialising in transport engineering, road equipment and operation
  • Location: Eguilles (Bouches-du-Rhône)
  • Company registration number: 443 946 546
  • 2024 revenues: 1,8 M€ – 2023 revenues: 2,1 M€ – 2022 revenues: 2,6 M€
  • Headcount 9 employees
  • Deadline for submitting bids: 23/05/2025

Culture Vélo

Main features:

  • Business: Sale of all types of bicycles / Maintenance and repairs
  • Location: Gilly-sur-Eure (Eure)
  • Company registration number: 528 367 600
  • 2024 revenues: 1,7 M€
  • Headcount 6 employees
  • Deadline for submitting bids: 12/06/2025

Icare

Main features:

  • Business: Operation of an aeronautical training centre
  • Location: Morlaix (Finistère)
  • Company registration number: 380 582 346
  • 2024 revenues: 1,4 M€ – 2023 revenues: 744 K€ – 2022 revenues: 985 K€
  • Headcount 20 employees
  • Deadline for submitting bids: 07/05/2025

Campsite

Main features:

  • Business: Campsite operation, catering
  • Location: Indre-et-Loire
  • 2024 revenues: 1,2 M€
  • Headcount 12 employees
  • Deadline for submitting bids: 10/06/2025

Take a Desk

Main features:

  • Business: Company specialising in helping businesses find, rent and share empty offices
  • Location: Nantes (Loire-Atlantique)
  • 2023 revenues: 956 K€
  • Headcount 1 employee
  • Deadline for submitting bids: 19/05/2025

Cabinet Graillat

Main features:

  • Business: Syndic of joint ownership / Rental management / Transactions
  • 2024 revenues: 800 K€
  • Headcount 11 employees
  • Deadline for submitting bids: 27/06/2025