Franklin advises Global Holding in connection with the acquisition of Air Concept Industrie under a restructuring disposal plan.
Franklin supported the investment bank Global Holding led by Maxime Sitou in the context of its acquisition under a restructuring disposal plan of Air Concept Industrie, an electronic wiring company specialising in aeronautics.
By a judgment handed down on 16 June 2023, the Commercial Court at Meaux decided to proceed with the acquisition plan presented by Global Holdings enabling the transfer of all Air Concept Industrie’s employees and enabling the business to continue trading in a challenging sector.
After consolidating the business in France, Global Holding is aiming to export the company’s know-how to the Republic of Congo to conquer new markets and strengthen the existing ties between the two states.
The responsible persons in the legal proceedings were:
- as judicial administrator: Selarl Cardon & Bortolus (Benjamin Cardon; Floriane Filoche)
- as judicial representative: Selarl Garnier Guillouet (Sophie Guillouët)