Europlasma Seals Strategic Takeover of Fonderie de Bretagne
Deal News | May 07, 2025 | Charles Russell Speechlys
The Paris office of Charles Russell Speechlys has successfully assisted Europlasma in its strategic takeover of Fonderie de Bretagne, a historic foundry facing challenges due to the electric vehicle transition, foreign competition, and diversification delays. The Rennes Commercial Court approved the takeover on April 25, 2025, safeguarding 266 jobs and facilitating a transformation plan aimed at long-term development, notably with an emphasis on defense sector diversification. Europlasma's Chairman and CEO, Jrme Garnache-Creuillot, expressed gratitude for the legal counsel's influence on the transaction's success.
Sectors
- Automotive Manufacturing
- Legal Advisory
- Defense
Geography
- France – Europlasma and Fonderie de Bretagne are French companies, and the legal proceedings took place in the Rennes Commercial Court in France.
Industry
- Automotive Manufacturing – Fonderie de Bretagne's challenges are tied to the transition to electric vehicles, a significant aspect of the automotive industry.
- Legal Advisory – Charles Russell Speechlys provided legal support in the takeover process, highlighting the importance of legal advisory services in M&A.
- Defense – The planned diversification into the defense sector is a key element of Fonderie de Bretagne's future strategy.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Charles Russell Speechlys | Legal Advisor | Company | Advised Europlasma on the takeover of Fonderie de Bretagne. |
| Europlasma | Bidding Company | Company | Acquirer of Fonderie de Bretagne's business and assets. |
| Fonderie de Bretagne | Target Company | Company | A historic foundry facing financial difficulties, acquired by Europlasma. |
| Jrme Garnache-Creuillot | Chairman and CEO | Person | Europlasma's Chairman and CEO, involved in the takeover strategy. |
| Martin Brouard | Associate | Person | Associate at Charles Russell Speechlys, assisted in the takeover. |
| Dimitri Sonier | Advisor | Person | Involved in advising Europlasma during the takeover process. |