Business

Global Bioenergies: opening of a receivership procedure

PRESS RELEASE Global Bioenergies: opening of a receivership procedure Evry, 29 September 2025 – 05:45 p.m: The Evry Commercial Court today opened a receivership procedure towards Global Bioenergies and appointed SCP Abitbol & Rousselet, represented by Maître Joanna Rousselet (previously the company's conciliator), as administrator. This procedure is a continuation of the pre-pack sale process initiated on 03 June 20251. The objective of this procedure is to evaluate and implement solutions that

articleGlobal Bioenergies SaSeptember 29, 20252/company/glob-bioenergi/news/global-bioenergies-opening-of-a-receivership-procedure
Global Bioenergies: opening of a receivership procedure

About this update from Global Bioenergies Sa

[{"type":"image","alt":"GLOBAL BIOENERGIES","displaySize":"","headline":null,"caption":"GLOBAL BIOENERGIES","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":270,"url":"https://media.zenfs.com/en/globenewswire.com/d3bee7f7af421a2563e727ff190d8250"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.aHNr5Ww_zDWjRqEZ2jzHg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTM3ODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/d3bee7f7af421a2563e727ff190d8250","width":300,"height":270}},"lazy":false},{"type":"text","content":"PRESS RELEASE","length":13,"tagName":"p"},{"type":"text","content":"Global Bioenergies: opening of a receivership procedure","length":60,"tagName":"p"},{"type":"text","content":"Evry, 29 September 2025 – 05:45 p.m: The Evry Commercial Court today opened a receivership procedure towards Global Bioenergies and appointed SCP Abitbol & Rousselet, represented by Maître Joanna Rousselet (previously the company's conciliator), as administrator. This procedure is a continuation of the pre-pack sale process initiated on 03 June 20251. The objective of this procedure is to evaluate and implement solutions that would make it possible to continue the activity and maintain jobs, notably through a sale plan.","length":533,"tagName":"p"},{"type":"text","content":"To date, four offers to take over part of the assets are still open and have been submitted to the court. These offers may be subject to change and contain conditions precedent that will have to be lifted before the review hearing of said offers. To date, no proposals to take over the shares or to invest in the capital have been submitted.","length":341,"tagName":"p"},{"type":"text","content":"In the event of the takeover of certain assets or activities by one or more buyers, or in the absence of a final offer, judicial liquidation proceedings for Global Bioenergies will be opened simultaneously with the judgment of the court resulting from the review hearing.","length":271,"tagName":"p"},{"type":"text","content":"The judicial liquidation of Global Bioenergies will ultimately result in the delisting of its shares. Their residual value will most likely be zero, as the amount obtained in exchange for the assets sold is expected to be lower than the amount of liabilities.","length":259,"tagName":"p"},{"type":"text","content":"The hearing to review the takeo...

More updates from Global Bioenergies Sa

Global BioenergiesEvry Commercial CourtMaître Joanna Rousselet