immeuble-franklin

Distressed acquisition opportunities – 6 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 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)

Groupe IKKS

Main features:

  • Business: Fashion – Ready-to-wear (3 brands: IKKS, One Step, I.Code) – International distribution network: 473 points of sale as of 31 August 2025
  • Location: Presence in France and 11 other countries
  • 2024 revenues: 232,3 M€
  • Headcount 1287 employees: 1 287 salariés of which 1,094 are in France (as of 31/08/2025)
  • Deadline for submitting bid: 24/10/2025

Brandt France and Groupe Brandt

Main features:

  • Business: Production and marketing of household appliances (cooking, washing, refrigeration and small appliances) under the DE DIETRICH, BRANDT, SAUTER and VEDETTE brands – Cooking appliances made in France – After-sales service, spare parts and repairs
  • Location : Headquarters and central services in Rueil-Malmaison – Industrial sites in Orléans (Loiret) and Vendôme (Loir-et-Cher) – After-sales service in Cergy – R&D in Orléans
  • 2024 revenues: 221,5 M€ – 2023 revenues: 236,2 M€ – 2022 revenues : 232,2 M€
  • Headcount : Approximately 800 employees (including 667 in France: Orléans 317, Vendôme 93, Rueil 164, Cergy 93).
  • Deadline for submitting bid: 22/10/2025
Franalex

Main features:

  • Business: 5 hotels and mountain residences
  • Location: Savoie and Hautes-Alpes
  • 2024 revenues: 6,6 M€
  • Headcount 7 employees
  • Deadline for submitting bid: 31/10/2025

Industrial piping

Main features:

  • Business: Installation and maintenance of industrial piping
  • Location: Santeny (Val-de-Marne)
  • 2024 revenues: 5,4 M€ – 2023 revenues: 3,7 M€
  • Headcount 14 employees
  • Deadline for submitting bid: 21/10/2025

Fauchon Baudot Refractaires

Main features:

  • Business: Manufacture of refractory products
  • Location: Paray-le-Monial (Haute Saône)
  • Company registration number: 838 372 589
  • 2024 revenues: 4,3 M€ – 2023 revenues: 4,3 M€ – 2022 revenues: 3,3 M€
  • Headcount 41 employees
  • Deadline for submitting bid: 28/11/2025

IT-Logiq

Main features:

  • Business: Wholesaler and distributor specialising in B2B network and telecommunications solutions
  • Location: Montreuil (Seine Saint Denis)
  • Company registration number: 523 338 929
  • 2024 revenues: 3,8 M€ – 2023 revenues: 10,3 M€ – 2022 revenues: 13,6 M€
  • Headcount 6 employees
  • Deadline for submitting bid: 17/10/2025

Sale of hearing aids

Main features:

  • Business: Company selling hearing aids
  • Location: Normandy, Lorraine, Île-de-France, Centre
  • 2024 revenues: 3,1 M€
  • Headcount 23 employees
  • Deadline for submitting bid: 14/11/2025

Ferme Schmitt

Main features:

  • Business: Manufacture and marketing of poultry specialities: fine charcuterie, ready meals, foie gras and preserves
  • Location: Bischoffsheim (Bas-Rhin)
  • Company registration number: 417 795 101
  • 2025 revenues: 3,17 M€
  • Headcount 30 employees
  • Deadline for submitting bid: 03/11/2025

Furniture and fittings trade (hospitality industry, medical and social services)

Main features:

  • Business: Furniture and fittings trade (hospitality industry, medical-social sector) with listings
  • 2024/2025 revenues: 3 M€ – 2023/2024 revenues (18 months): 3,2 M€
  • Headcount 7 employees
  • Deadline for submitting bid: 20/10/2025

Dynamic Bois Charpente – DBC

Main features:

  • Business: Manufacture of wooden and metal frames, mainly for the agricultural and craft sectors
  • Location: Allègre (Haute Loire)
  • 2024 revenues: 2,7 M€ – 2023 revenues: 2,4 M€ – 2022 revenues: 2,9 M€
  • Headcount 17 employees
  • Deadline for submitting bid: 31/10/2025

Villa Navarre

Main features:

  • Business: Hotel, bar, restaurant, room hire and management, seminar organisation
  • Location: Pau (Pyrénées-Atlantiques)
  • 2024 revenues: 1,1 M€
  • Headcount : 20 employees (15 full-time permanent contracts, 3 full-time fixed-term contracts, 2 full-time apprenticeships)
  • Deadline for submitting bid: 31/10/2025

Biowaste methanisation & microalgae

Main features:

  • Business: Biowaste methanisation & microalgae – (Biomethane – Compost – Biostimulant)
  • Location: Brezolles (Eure)
  • 2024 revenues: 7,5 K€ – 2023 revenues : 53,2 K€
  • Headcount 9 employees
  • Deadline for submitting bid: 27/10/2025