Distressed acquisition opportunities – 31 march 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).


		Joinery manufacturing and trading Main features: Business: Company specializing in the manufacture and sale of PVC and wood joinery and closures. Location: Ardennes 2023 revenues: 25 M€ – 2022 revenues: 20 M€ Headcount 105 employees Deadline for submitting bids: 24/04/2025
		Promotion and sale of pharmaceutical products Main features: Business: Company specializing in the promotion and sale of pharmaceutical and therapeutic products to private practitioners and hospitals 2024 revenues: 19 M€ Headcount 230 employees Deadline for submitting bids: 07/04/2025
		Idyl – SPS – Bestgreen Main features: Business: Shipment, import, export, purchase, brokerage of all citrus fruits and early fruit, including organic, particularly from Morocco and Provence Location: Bouches-du-Rhône Company registration number: Idyl : 410 038 459 – SPS : 519 642 581 – Bestgreen : 513 538 439 2024 revenues: 9,7 M€ Headcount 29 employees Deadline for submitting bids: 17/04/2025
		Clair de Lorraine – Les fous du terroirs Main features: Business: Processing and marketing of beverages, alcoholic beverages and various food products, as well as all operations contributing to the realization of this object, or being related or complementary to it. Location: Lorraine or Great East Company registration number: 344 702 071 2024 revenues: 8,5 M€ – 2023 revenues: 12 M€ – 2022 revenues: 13 M€ Headcount 63 employees Deadline for submitting bids: 12/05/2025
		Cofreco Main features: Business: Manufacture of gates and fences, manufacture of formwork systems for construction and swimming pools Location: La Cluse-et-Mijoux (Doubs) 2024 revenues: 7,6 M€ Headcount 56 employees Deadline for submitting bids: 25/04/2025
		General building electricity Main features: Business: General building electricity Location: Saint-Pierre-du-Perray (Essonne) 2024 revenues: 6,5 M€ Headcount 21 employees Deadline for submitting bids: 22/04/2025
		Bizao Main features: Business: Fintech specializing in payment infrastructures and services in Africa Location: 8 African-based subsidiaries Company registration number: 850 323 635 2023 revenues: 5,3 M€ – 2022 revenues: 5,4 M€ Headcount 8 employees Deadline for submitting bids: 30/04/2025
		Men’s clothing Main features: Business: Company operating men’s rugbywear boutiques Location: 11 stores Revenues: 4 M€ Headcount 38 employees Deadline for submitting bids: 25/04/2025
		Demolition and earthworks Main features: Business: Demolition, earthmoving, equipment rental, sale of materials Location: Gironde 2023 revenues: 2,8 M€ Headcount 13 employees Deadline for submitting bids: 08/04/2025
		Road freight transport Main features: Business: Intercity road freight transport in storage – Company specializing in the road transport of bulk goods (solids or liquids) by tipper, tanker or FMA in France and Benelux and storage activity in the agricultural sector Location: Centre – Val de Loire 2024 revenues: 2,5 M€ – 2023 revenues: 3,1 M€ Headcount 21 employees Deadline for submitting bids: 25/04/2025
		Signs Main features: Business: Sale of company and production workshop – Industrial production and installation of signs, displays, signage and street lighting. Location: Haute-Garonne Revenues: 2,5 M€ Headcount 20 employees Deadline for submitting bids: 30/04/2025
		Purchase, sale, folding, shaping of all sheet metals Main features: Business: Purchase, sale, folding, shaping of all sheet metals Location: Haute-Garonne 2023 revenues: 1,8 M€ Headcount 8 employees Deadline for submitting bids: 18/04/2025
		Protection and safety Main features: Business: Marketing and provision of all services relating to protection systems and the security of goods, articles, buildings and people in its buildings, using all existing technologies Location: Marseille (Bouches-du-Rhône) 2023 revenues: 1,3 M€ Headcount 1 employee Deadline for submitting bids: 09/04/2025
		Organic bread and pastries Main features: Business: Artisanal production of organic breads and pastries Location: Villejuif (Val-de-Marne) 2023 revenues: 1,3 M€- 2022 revenues: 1,5 M€ Headcount 18 employees Deadline for submitting bids: 16/05/2025
		Kitch’n box Main features: Business: Rental of kitchen equipment and materials (cold and dry storage space), Manufacturing laboratories, Loading/unloading areas, Waste management, cleaning and maintenance) Location: Bagnolet – 14 kitchens, Courbevoie – 13 kitchens, Nanterre – 10 kitchens, Saint-Ouen – 3 kitchens, Nantes – 9 kitchens, Lille – 6 kitchens Company registration number: 819 725 409 2024 revenues: 1 M€ Headcount 4 employees Deadline for submitting bids: 23/04/2025