11.06.2025

Distressed acquisition opportunities – 9 june 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).


		Naf Naf Main features: Business: Designing and creating a range of women’s ready-to-wear clothing, purchasing goods, and marketing items under the ‘Naf Naf’ brand through various distribution networks. Location: Bondy (Seine-Saint-Denis) Company registration number: 300 345 808 2025/2024 revenues (9 months) : 47,5 M€ Headcount 588 employees Deadline for submitting bid: 02/07/2025
		La Florentaise Main features: Business: Design, manufacture and installation of metal structures Location: Saint-Mars-du-Désert (Loire Atlantique) Company registration number: 383 167 889 2024 revenues (7 months) : 31,6 M€ Headcount 94 employees Deadline for submitting bid: 07/07/2025
		SAS SCG Main features: Business: Import and export of food products, particularly meat Location: Quimper (Finistère) Company registration number: 485 114 888 2024 revenues: 21,1 M€ – 2023 revenues: 20,5 M€ – CA 2022 : 31 M€ Headcount 12 employees Deadline for submitting bid: 30/06/2025
		Sale of electrical appliances Main features: Business: Sale of electrical appliances (computers, kitchen appliances) Location: Ile-de-France 2024/2023 revenues (18 months): 18 M€ Headcount 14 employees Deadline for submitting bid: 27/06/2025
		Sale of new and used recreational vehicles Main features: Business: Sale of new and used recreational vehicles, recreational vehicle rental, maintenance and repair services Location: Béthune (Pas-de-Calais) 2024 revenues: 16,6 M€ – 2023 revenues: 14,1 M€ Headcount 7 employees Deadline for submitting bid: 01/08/2025
		SSI Infogérance Main features: Business: Digital services company specialising in data 2024 revenues: 9,8 M€ – 2023 revenues: 13,2 M€ – 2022 revenues : 15 M€ Headcount 66 employees Deadline for submitting bid: 10/07/2025
		Distribution of seasonal and festive decorative items Main features: Business: Specialist in the distribution of seasonal and festive decorative items for supermarkets, discount stores, garden centres and independent retailers Location: Hauts de France 2024 revenues: 6,9 M€ – 2023 revenues: 9,2 M€ Headcount 11 employees Deadline for submitting bid: 20/06/2025
		Bandits SA Main features: Business: Production company for short and feature films, post-production and photography Location: Paris Company registration number: 349 778 225 2024 revenues: 5,9 M€ Headcount 9 employees Deadline for submitting bid: 13/06/2025
		Building shell construction Main features: Business: Construction of industrial buildings and civil engineering works 2024 revenues: 5,3 M€ – 2023 revenues: 10 M€ Headcount 28 employees Deadline for submitting bid: 30/06/2025
		Maintenance and repair of river, maritime and port facilities Main features: Business: Maintenance and repair of river, maritime and port facilities Location: Le Havre (Seine Maritime) 2023/2024 revenues (21 months): 5,2 M€ Headcount 34 employees Deadline for submitting bid: 23/06/2025
		Items related to promotional campaigns Main features: Business: Custom design, development and production of promotional campaign items Location: Métropole lilloise 2024 revenues: 3,9 M€ – 2023 revenues: 5,4 M€ Headcount 8 employees Deadline for submitting bid: 20/06/2025
		BMS Metal Main features: Business: Supply of welded structures for underground works, special foundations and civil engineering Location: Moselle Company registration number: 538 640 293 2024 revenues: 3,3 M€ – 2023 revenues: 3,9 M€ Headcount 8 employees Deadline for submitting bid: 03/07/2025
		SAS HTBA Main features: Business: Direct or indirect operation of any business or activity in the hotel and catering sector Location: Blagnac (Haute Garonne) Company registration number: 828 158 220 2023 revenues: 3 M€ Headcount 33 employees Deadline for submitting bid: 16/06/2025
		Moulin de Moissac Sud Main features: Business: Hospitality and catering Location: Moissac (Tarn-et-Garonne) Company registration number: 443 085 899 2023 revenues: 2 M€ Headcount 19 employees Deadline for submitting bid: 26/06/2025
		Global Bioenergies Main features: Business: Technology for converting renewable resources into isobutene Location: Evry-Courcouronnes (Essonne) Company registration number: 508 596 012 REX 2024 : – 7,5 M€ Headcount 38 employees Deadline for submitting bid: 09/07/2025