on FLORENTAISE (isin : FR001400GO75)
Florentaise: Rejection of Takeover Offers for the Consumer Soil Business
On September 4, 2025, Florentaise announced that the court had rejected offers to take over its Terreaux Grand Public business. The hearing on September 3, 2025, upheld this decision, as the offers were deemed insufficient. This divestment plan aimed to preserve 81 jobs and reduce the group's working capital requirements, thereby ensuring the sustainability of its remaining activities.
The partial sale included various production sites in France. The court deemed it necessary to extend the observation period for an additional six months, with a hearing scheduled for October 15, 2025, to assess the progress of the restructuring plan.
R. E.
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