Judicial recovery procedure for Florentaise

On March 5, 2025, Florentaise announced the opening of a receivership procedure, following a decision by the Nantes Commercial Court. This process concerns Florentaise SA and SAS Floreasy, its main shareholder. The decision includes a six-month observation period allowing the continuation of activities.

This procedure is considered necessary to protect employees and continue serving customers. The aim is to stabilize the financial situation and prepare a viable development plan.

Florentaise suffered financial difficulties following repeated poor weather conditions and heavy investments. In addition, SAS Floreasy's inability to financially support the company worsened the situation. This led to a cessation of payments declared on March 3, 2025.

The company continues to work on solutions such as asset sales to strengthen its finances.