Global Bioenergies up for sale

In France, despite all the efforts and discussions established over the last few months with major industrial players, Global Bioenergies says it has been unable to find strategic investors to finance the continuation of its business. At the date of Tuesday, the company has a gross cash position of 3.0 million euros. As a reminder, the 13.1 million euros in bank debt recorded at December 31, 2024 remain fully on the balance sheet, thanks to the deferral of repayments obtained on a month-by-month basis with the company’s bank creditors. In view of its limited cash position, the company is now forced to launch an official search for buyers in the form of a “pre-pack sale” as part of a conciliation procedure. The pre-pack sale enables potential buyers to position themselves for the acquisition of all or part of a company’s business and assets. Completion of the sale plan, once decreed by the Commercial Court, will be followed by the liquidation of the Company, involving the uncollectibility of all or part of its liabilities, notably bank debts, and will result in the delisting of its securities.

The deadline for submitting offers is July 9, 2025. The offers of the potential buyers will then be examined, and the buyer will be chosen by the Commercial Court of Evry. The closing could take place in September or October 2025.