Weekly Selection of Distressed M&A Opportunities in France
CYCLES LAPIERRE
Key features:
Business activity: Long-established player in the bicycle industry, specializing in the design, manufacture and distribution of bicycles, particularly in the road, gravel, mountain bike and electric mountain bike segments
Revenue: €99.1 million
Workforce: 101 employees
Deadline for submission of offers: October 28, 2026
DECITRE, DECITRE INTERACTIVE AND LA GÉNÉRALE DU LIVRE
Key features:
Business activity:
DECITRE: operation of five bookstores and sales to business customers
DECITRE INTERACTIVE: web-based activities, marketplaces, ORB and IT services
LA GÉNÉRALE DU LIVRE: distribution and services for book industry professionals
Revenue: DECITRE: €48.4 million; DECITRE INTERACTIVE: €12.1 million; LA GÉNÉRALE DU LIVRE: €7.3 million
Workforce: DECITRE: 101 employees; DECITRE INTERACTIVE: 31 employees; LA GÉNÉRALE DU LIVRE: 13 employees
Deadline for submission of offers: October 26, 2026
COMPANY SPECIALIZING IN FLAT-PACK FURNITURE MANUFACTURING
Key features:
Business activity: Manufacture of entry-level and mid-range flat-pack furniture, together with logistics and distribution services (product storage and shipping). Wholly owned subsidiary CalScan, a Singapore-incorporated company specializing in the trading of furniture manufactured in Asia (revenue: $8.9 million)
Revenue: €72.6 million
Workforce: 291 employees
Location: Pérenchies (59) and Linselles (59), France
Deadline for submission of offers: October 28, 2026
COMPANY SPECIALIZING IN RETAIL SPACE FIT-OUT
Key features:
Business activity: Design, custom manufacturing and installation of wood and metal furniture for retail space fit-out. Customers include major retailers, cultural retail chains and other retail chains
Revenue: €10.5 million
Workforce: 67 employees
Location: Centre-Val de Loire, France
Deadline for submission of offers: October 13, 2026
COMPANY SPECIALIZING IN LOGISTICS MANAGEMENT SOFTWARE SOLUTIONS
Key features:
Business activity: Software solution designed to streamline logistics operations and optimize inventory management
Revenue: €1.1 million
Workforce: 13 employees
Location: Lille (59), France
Deadline for submission of offers: November 3, 2026
SAS INOVOTION
Key features:
Business activity: Development, design and performance of in vivo preclinical testing of anticancer compounds using chicken embryos
Revenue: €815,000
Workforce: 9 employees
Location: La Tronche (38), France
Deadline for submission of offers: October 30, 2026
GROUPE OEMSERVICES
Key features:
Business activity: French company providing airlines and aerospace equipment manufacturers with services across four business lines: logistics solutions and supply chain management support; airline support services (A380 and A350), including spare parts inventory management, repair solutions and technical assistance; services for equipment manufacturers, including inventory management, equipment reliability monitoring, predictive maintenance and inventory compliance with applicable standards; and 24/7 Aircraft-on-Ground (AOG) emergency services for aircraft operators. Subsidiaries OEMSERVICES ASIA PTE LTD (Singapore) and OEMSERVICES AMERICA INC (Atlanta), as well as a branch in Dubai
Revenue: €52.4 million
Workforce: 84 employees
Location: Registered office and premises: Tremblay-en-France (93), France
Deadline for submission of offers: October 20, 2026
INBRAIN PHARMA
Key features:
Business activity: Pioneering clinical-stage company in personalized medicine for neurological disorders. Development of an anaerobic dopamine formulation (A-dopamine) designed for intracerebral administration to patients with advanced Parkinson's disease
Workforce: 1 employee
Location: Lille (59), France
Deadline for submission of offers: October 30, 2026
EnR AGRI – SOLVENT COMPANY
Key features:
Business activity: Development of a digital tool designed to simulate the feasibility and profitability of anaerobic digestion plant projects, in the form of technical and financial simulation software for the renewable energy sector. Geographic coverage: throughout France
Revenue: No revenue currently generated. The company has no liabilities or operating expenses, and its main asset is the digital tool developed by EnR AGRI
Workforce: No employees
Deadline for submission of offers: October 26, 2026
ZCOST MANAGEMENT (ZETALY)
Key features:
Business activity: Software publisher specializing in IT systems optimization and management. Design, development and subscription-based marketing of software solutions under the ZETALY brand, primarily targeting the banking and insurance sectors, to streamline IT resource allocation, improve service levels and plan long-term infrastructure requirements
Revenue: €2.3 million
Workforce: 11 employees
Deadline for submission of offers: October 30, 2026
ASSOCIATION ASALEE — COURT-ORDERED LIQUIDATION WITH CONTINUED OPERATIONS
Key features:
Business activity: Implementation of a collaborative healthcare model involving general practitioners and nurses, providing patients with chronic conditions with therapeutic education and screening consultations funded by the French national health insurance system
Key financial figures: Operating income: €96 million; operating loss: €18 million
Workforce: 1,911 employees, including approximately 1,900 nurses, representing 1,454 full-time equivalents (FTEs)
Location: Approximately 3,000 sites across France
Deadline for submission of offers: November 30, 2026
SAS AFIBEL
Key features:
Business activity: Mail-order retail of ready-to-wear clothing and accessories
Revenue: €42.8 million
Workforce: 100 employees
Location: Registered office: Villeneuve-d'Ascq (59), France
Deadline for submission of offers: October 21, 2026
COMPANY SPECIALIZING IN RFID TRACEABILITY AND IDENTIFICATION SOLUTIONS
Key features:
Business activity: Development of patented RFID hardware and software traceability solutions for blood products and therapeutic products (transfusion, oncology and plasma), as well as customized RFID identification solutions for animals (treatments and products). International customer base
Revenue: €8.6 million (consolidated)
Workforce: 40 employees in France; 5 employees in the Indian subsidiary; 4 employees in the US subsidiary
Location: Eure (27), France
Deadline for submission of offers: October 30, 2026
IPM FRANCE
Key features:
Business activity: Specialist in turnkey interactive kiosk solutions, covering design, manufacturing, deployment and maintenance
Revenue: €3 million
Workforce: 27 employees
Location: Drôme (26), France
Deadline for submission of offers: November 17, 2026
For further information, please do not hesitate to contact the Head of our Restructuring & Insolvency Practice Mohamed Bouzenada.
