Business · Companies · 1 hr ago
Fonderie de Bretagne faces liquidation after no takeover offer is confirmed
Fonderie de Bretagne has no confirmed buyer, leaving the factory facing liquidation.
The plant is in Caudan, in France’s Morbihan region, and employs 244 people.
The Lorient commercial court is expected to place it in liquidation on Thursday.
The factory was taken over by Europlasma in 2025 and entered court-supervised restructuring in July after it could not pay its debts.
Production had not properly restarted after a fire in January 2026.
A potential European industrial buyer negotiated with the French state and Renault, the plant’s historic customer, but did not confirm an offer.
The government says it offered financial support, but the buyer still declined.
If liquidation goes ahead, the government says it will closely monitor the terms of the employees’ redundancy plan.
No takeover offer has been confirmed for Fonderie de Bretagne, and the foundry is expected to be placed in judicial liquidation on Thursday.
The plant in Caudan, Morbihan, employs 244 people.
A potential European industrial buyer reportedly needed 14 to 15 months to bring production volumes to a sufficient level.
France’s industry minister said he had offered state financial support to encourage the interested group to confirm its offer.
The foundry entered judicial reorganisation in early July after becoming unable to pay its debts.
- Who
- Fonderie de Bretagne, which employs 244 people, and a potential buyer whose name has not been disclosed.
- What
- No takeover offer was confirmed, and the foundry is expected to be placed in judicial liquidation.
- When
- The announcement was made on Tuesday; liquidation is expected on Thursday. The article was published on 13 October 2026.
- Where
- The foundry is in Caudan, Morbihan, France.
- Why
- The interested industrial group did not confirm its offer. A CGT representative said it had not obtained what it wanted.
This story does not have two clearly opposing sides.
Renault created Fonderie de Bretagne.
Europlasma took over the foundry.
Fonderie de Bretagne entered judicial reorganisation after becoming unable to pay its debts.
Production stopped after a fire.
Workers were told at a social and economic committee meeting that no takeover offers would be presented to the commercial court.
The foundry is expected to be placed in judicial liquidation.
- Employees
- 244
- Location
- Caudan, Morbihan
- Potential buyer
- An unnamed European industrial group
- Production-volume timeframe sought by buyer
- 14 to 15 months
- Initial takeover offers
- Three
- Europlasma investment commitment
- €15 million over three years
What people are saying
We learned this morning (Tuesday) at the social and economic committee that no offers will be presented to the commercial court.
Despite these efforts, it did not wish to confirm its offer.
Sources
Related news
Record number of investors avoids France’s stock market
Drone deliveries from France to Alderney under study
TotalEnergies promises diesel price cuts from early November
French state to become Eramet’s largest shareholder
French debt and political instability unsettle financial markets
No takeover offers for Fonderie de Bretagne before deadline
LVMH’s third-quarter sales growth falls short of expectations
Cyberattack disrupts refrigeration systems at hundreds of French supermarkets
IMF raises eurozone growth forecast but cuts outlook for France
French state’s company portfolio rose by €20.5 billion in a year
