on FLORENTAISE (isin : FR001400GO75)
Florentaise extends its observation period and sells a key site
On February 20, 2026, Florentaise announced the extension of its judicial observation period for an additional six months. This decision, made by the Commercial Court of Nantes, is part of the receivership proceedings initiated in March 2025. The company aims to finalize its debt reduction plan and the sale of certain assets.
In this context, Florentaise finalized the sale of its Saint-Escobille site, specializing in the production of mulch and potting soil, to Sopranature for nearly €2 million. The transaction generated €1.375 million in proceeds, with the remainder earmarked for debt repayment. This sale is part of a restructuring process, following the sales of the Treffort and Louresse-Rochemenier sites.
Florentaise continues its efforts to meet its financial commitments, while maintaining its activities on seven of its nine sites in France.
R. E.
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