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  <title>Eurotrack: France</title>
  <subtitle>All entries related to France, newest first.</subtitle>
  <link href="https://eurotrack.ai/en/countries/france/"/>
  <link rel="self" href="https://eurotrack.ai/en/countries/france/feed.xml"/>
  <id>tag:eurotrack.ai,2026:en:en/countries/france</id>
  <updated>2026-11-02T06:00:00Z</updated>
  <author><name>Eurotrack</name></author>
  <entry>
    <title>🏚️ Paris department store BHV enters receivership (France)</title>
    <link href="https://eurotrack.ai/en/developments/740afd7c-paris-department-store-bhv-enters-receivership/"/>
    <id>tag:eurotrack.ai,2026:740afd7c:en</id>
    <updated>2026-11-02T06:00:00Z</updated>
    <summary>The Paris commercial court opened receivership proceedings (redressement judiciaire) on 2 November 2026 for SEGM BHV, which includes the historic department store at the Hôtel de Ville and BHV Parly 2. The company employs about 700 people (September figures); a six-month observation period, which can be renewed, will decide whether it is restructured, sold to a buyer or liquidated. The store had been resold at a loss in June (BFMTV/AFP, 2 November 2026). — Sources: https://www.bfmtv.com/economie/entreprises/le-grand-magasin-bhv-de-paris-est-place-en-redressement-judiciaire_AD-202611020620.html · https://www.lefigaro.fr/societes/le-grand-magasin-bhv-officiellement-place-en-redressement-judiciaire-20261102</summary>
  </entry>
  <entry>
    <title>📜 Commission pays France final €6.1bn recovery instalment</title>
    <link href="https://eurotrack.ai/en/developments/dd32461a-commission-pays-france-final-6-1bn-recovery-instalment/"/>
    <id>tag:eurotrack.ai,2026:dd32461a:en</id>
    <updated>2026-10-30T06:00:00Z</updated>
    <summary>The payment follows the opinion of the Council's Economic and Financial Committee and the Commission's payment decisions. It follows the positive assessment of France's final payment request on 29.09.2026 (European Commission, press release, 30 Oct 2026). — Source: https://ec.europa.eu/commission/presscorner/detail/en/ip_26_2303</summary>
  </entry>
  <entry>
    <title>🤝 Mutares receives Quiver offer for delivery platform Stuart (Germany / France)</title>
    <link href="https://eurotrack.ai/en/developments/0bae72f9-mutares-receives-quiver-offer-for-delivery-platform-stuart/"/>
    <id>tag:eurotrack.ai,2026:0bae72f9:en</id>
    <updated>2026-10-26T06:00:00Z</updated>
    <summary>Mutares has received an irrevocable offer from Quiver for the last-mile platform Stuart (SRT Group), which is headquartered in France and also operates in the UK and Poland. Stuart has about 70 employees and roughly €50m revenue; the price is open and closing is expected in Q4 2026 after employee representatives are informed (Mutares, 26 Oct 2026). — Source: https://mutares.com/mutares-erhalt-unwiderrufliches-angebot-zum-erwerb-der-srt-group-und-ihrer-tochtergesellschaften-von-quiver/</summary>
  </entry>
  <entry>
    <title>🤝 Dumarey Group to acquire Alpine Racing site in Viry-Châtillon (Belgium / France)</title>
    <link href="https://eurotrack.ai/en/developments/6d5b9a99-dumarey-group-to-acquire-alpine-racing-site-in-viry/"/>
    <id>tag:eurotrack.ai,2026:6d5b9a99:en</id>
    <updated>2026-10-22T06:00:00Z</updated>
    <summary>Dumarey Group, a Belgian powertrain specialist with sites in Italy, has signed an agreement with Renault Group to acquire Alpine Racing SAS and with it the Viry-Châtillon site, and has presented it to employee representatives. About 100 technicians and engineers are to move with the site; consultation with employee representatives is under way and the report gives no price (Il Sole 24 Ore, 22 Oct 2026). — Source: https://www.ilsole24ore.com/art/a-dumarey-attivita-motorsport-alpine-accordo-la-cessione-AJribcrB</summary>
  </entry>
  <entry>
    <title>🤝 Report: Cerealis in exclusive talks to buy Panzani (Portugal / France)</title>
    <link href="https://eurotrack.ai/en/developments/92c479dc-report-cerealis-in-exclusive-talks-to-buy-panzani/"/>
    <id>tag:eurotrack.ai,2026:92c479dc:en</id>
    <updated>2026-10-16T06:00:00Z</updated>
    <summary>Portuguese food group Cerealis (Milaneza, Nacional) is in exclusive talks with investor CVC to buy French pasta maker Panzani, according to ECO. The purchase price is not known; the combined group would have revenue of about €1bn (Panzani €620m, Cerealis €400m), 1,800 employees and an enterprise value of about €1.8bn, led by Pedro Moreira da Silva. Single-source report; no signed agreement (ECO, 16.10.2026). — Source: https://eco.sapo.pt/2026/10/16/cerealis-avanca-para-compra-da-panzani-ao-fundo-cvc/</summary>
  </entry>
  <entry>
    <title>🚄 Modal Group and Port of Dunkirk open combined transport terminal (France)</title>
    <link href="https://eurotrack.ai/en/developments/a3439120-modal-group-and-port-of-dunkirk-open-combined-transport/"/>
    <id>tag:eurotrack.ai,2026:a3439120:en</id>
    <updated>2026-10-15T06:00:00Z</updated>
    <summary>Modal Group and Dunkerque-Port inaugurated the 9.6 ha terminal beside the Loon-Plage rail yard on 15 October 2026, having invested €25m between them; it is open to all operators. Since the first train on 3 September 2026 there have been three weekly round trips to Lyon, with Italy to follow in 2027; in the long run up to 50,000 loading units a year could shift from road to rail. The project was awarded in February 2025 and the foundation stone was laid on 25 November 2025 (La Gazette France, 16 October 2026; LOK Report). — Sources: https://www.lagazettefrance.fr/article/dunkerque-le-terminal-rail-route-relie-lyon-avant-l-italie · https://www.lok-report.de/news/europa/frankreich/die-modal-group-und-der-hafen-duenkirchen-beschleunigen-die-entwicklung-des-europaeischen-schienengueterverkehrs.html</summary>
  </entry>
  <entry>
    <title>📜 Commission makes Sanofi commitments in flu vaccine case binding</title>
    <link href="https://eurotrack.ai/en/developments/a3711c62-commission-makes-sanofi-commitments-in-flu-vaccine-case/"/>
    <id>tag:eurotrack.ai,2026:a3711c62:en</id>
    <updated>2026-10-14T06:00:00Z</updated>
    <summary>The Commission has made legally binding commitments from Sanofi in the case on an alleged disparagement campaign against rival vaccine Fluad (CSL Seqirus), which it opened on 26 June 2026. Sanofi undertakes not to use disparaging statements about Fluad in Germany and France until March 2030 and to correct the effects of earlier messages; a market test in July and August 2026 led to wider outreach in Germany. The decision carries no fine (European Commission, 14 Oct 2026). — Source: https://ec.europa.eu/commission/presscorner/detail/en/ip_26_2154</summary>
  </entry>
  <entry>
    <title>📜 Commission approves €40.5m French fuel-price aid for transport and farming</title>
    <link href="https://eurotrack.ai/en/developments/0c09c833-commission-approves-40-5m-french-fuel-price-aid-for/"/>
    <id>tag:eurotrack.ai,2026:0c09c833:en</id>
    <updated>2026-10-09T06:00:00Z</updated>
    <summary>The schemes are aimed at businesses whose fuel costs make up at least 5% of annual turnover; the aid takes the form of soft loans with a 12-month deferral of principal. The legal basis is the METSAF adopted on 29 April 2026 (European Commission, Daily News, 9 Oct 2026). — Source: https://ec.europa.eu/commission/presscorner/detail/de/mex_26_2123</summary>
  </entry>
  <entry>
    <title>📜 Commission selects 46 more strategic raw materials projects</title>
    <link href="https://eurotrack.ai/en/developments/a078a7c2-commission-selects-46-more-strategic-raw-materials-projects/"/>
    <id>tag:eurotrack.ai,2026:a078a7c2:en</id>
    <updated>2026-10-08T06:00:00Z</updated>
    <summary>From 102 applications in the second call, the Commission selected 46 further projects: eight on extraction, 11 on processing and 19 on recycling, plus eight integrated projects. They include seven lithium, 12 nickel, 10 cobalt and four rare earth projects. Of the first 2025 list, 25 projects have so far completed their environmental assessment and 17 hold a construction permit; the Commission announces a new call for the end of 2026 (European Commission, 8 Oct 2026). — Sources: https://ec.europa.eu/commission/presscorner/detail/en/ip_26_2113 · https://ec.europa.eu/commission/presscorner/detail/en/fs_26_2115</summary>
  </entry>
  <entry>
    <title>🤝 Rheinmetall agrees with Alstom to take over Kassel locomotive plant (Germany / France)</title>
    <link href="https://eurotrack.ai/en/developments/a54a8735-rheinmetall-agrees-with-alstom-to-take-over-kassel/"/>
    <id>tag:eurotrack.ai,2026:a54a8735:en</id>
    <updated>2026-10-06T06:00:00Z</updated>
    <summary>On 06.10.2026 Alstom and Rheinmetall confirmed an agreement in principle on the future of Alstom's Kassel plant: Rheinmetall intends to take over the halls and site, and the employees are to be able to work for Rheinmetall Landsysteme at the location in future. This is likely to end locomotive building in Kassel after more than 175 years; around 750 Alstom employees are affected, who had demonstrated against the sale plans the previous week. Contract details are still being negotiated and no price is known; Rheinmetall's neighbouring plant builds tanks and is set to grow as part of the Defence Hub Nordhessen (id 014d3630) (hessenschau, 06.10.2026). — Source: https://www.hessenschau.de/wirtschaft/rheinmetall-uebernimmt-lok-werk-von-alstom-in-kassel-v2,alstom-rheinmetall-100.html</summary>
  </entry>
  <entry>
    <title>🤝 Schneider Electric to acquire PTC for $22.6bn (France / Vereinigte Staaten)</title>
    <link href="https://eurotrack.ai/en/developments/6c889a9c-schneider-electric-to-acquire-ptc-for-22-6bn/"/>
    <id>tag:eurotrack.ai,2026:6c889a9c:en</id>
    <updated>2026-10-05T06:00:00Z</updated>
    <summary>French electrical engineering group Schneider Electric confirmed reports from the previous day on 5 October 2026 and is buying Boston-based industrial software company PTC outright for cash: $205 per share, a 42.3% premium to the last closing price, valuing the equity at about $22.6bn and the enterprise at $23.7bn. The deal is to be funded with new shares and debt and is expected to close in the third quarter of 2027; in June Schneider had already agreed to buy industrial data specialist Cognite (Business Standard/Reuters, 5 Oct 2026; second source: Boston Globe, 5 Oct 2026). — Sources: https://www.business-standard.com/world-news/schneider-electric-confirms-22-6-billion-deal-to-acquire-us-firm-ptc-126100501378_1.html · https://www.bostonglobe.com/2026/10/05/business/schneider-electric-ptc/</summary>
  </entry>
  <entry>
    <title>🏭 Bull doubles capacity with new production building in Angers (France)</title>
    <link href="https://eurotrack.ai/en/developments/14d2f5f3-bull-doubles-capacity-with-new-production-building-in-angers/"/>
    <id>tag:eurotrack.ai,2026:14d2f5f3:en</id>
    <updated>2026-10-02T06:00:00Z</updated>
    <summary>Bull, the computer maker split off from Atos and controlled by the French state since April 2026, opened a new production building in Angers on 2 October 2026 with about 10,700 m² of manufacturing space, where supercomputers, AI systems and servers are assembled and tested. Capacity doubles from six to twelve racks a month, with 24 possible in 2027 if demand requires; rebuilding the whole site costs €80m and is due to be finished in 2028. The company gave no figure for new jobs (Bull press release via 24matins, 2 Oct 2026; second source: Sud Radio/AFP, 2 Oct 2026). — Sources: https://www.24matins.fr/pr/bull-inaugure-son-nouveau-batiment-de-production-a-angers-et-double-ses-capacites-de-production-pour-repondre-aux-nouveaux-defis-de-lia · https://www.sudradio.fr/societe/supercalculateurs-bull-double-les-capacites-de-son-usine-historique</summary>
  </entry>
  <entry>
    <title>📜 France presents 2027 draft budget with €43bn savings effort</title>
    <link href="https://eurotrack.ai/en/developments/4db2dc6c-france-presents-2027-draft-budget-with-43bn-savings-effort/"/>
    <id>tag:eurotrack.ai,2026:4db2dc6c:en</id>
    <updated>2026-10-01T06:00:00Z</updated>
    <summary>The government expects growth of 1% in 2027; public debt nevertheless rises from 119.3% to 121.7% of GDP and interest costs to €91.2bn. Measures include higher receipts from VAT and income tax, a levy on kerosene suppliers to fund sustainable aviation fuels and, in the PLFSS, freezing APL housing benefits at their 2026 level. Both bills were tabled in the National Assembly on 06.10.2026; parliament has 70 days until 26.11.2026 for the PLF and 50 days until 17.12.2026 for the PLFSS (Le Club des Juristes, 01.10.2026; second source: LégiFiscal, 01.10.2026). Added on 06.10.2026. — Sources: https://www.leclubdesjuristes.com/en-bref/presentation-du-budget-2027-par-sebastien-lecornu-en-conseil-des-ministres-17567/ · https://www.legifiscal.fr/actualites-fiscales/4656-presentation-plf-2027.html</summary>
  </entry>
  <entry>
    <title>📜 Commission backs France's final €6.1bn recovery fund payment request</title>
    <link href="https://eurotrack.ai/en/developments/62fa72bb-commission-backs-france-s-final-6-1bn-recovery-fund-payment/"/>
    <id>tag:eurotrack.ai,2026:62fa72bb:en</id>
    <updated>2026-09-29T06:00:00Z</updated>
    <summary>According to the Commission, France has met the remaining milestones and targets of its recovery plan with its fifth and final payment request, including energy renovation of public buildings and private homes, transport projects, hydrogen and hospital modernisation. In total France is entitled to €40.3bn from the Facility, which expires at the end of 2026 (European Commission, 29.09.2026). — Source: https://ec.europa.eu/commission/presscorner/detail/en/ip_26_2007</summary>
  </entry>
  <entry>
    <title>🤝 Schneider Electric to acquire Bulgarian Shelly Group (Bulgaria / France)</title>
    <link href="https://eurotrack.ai/en/developments/9afbe7b6-schneider-electric-to-acquire-bulgarian-shelly-group/"/>
    <id>tag:eurotrack.ai,2026:9afbe7b6:en</id>
    <updated>2026-09-24T06:00:00Z</updated>
    <summary>On 24 September 2026 Schneider Electric announced a cash offer of €70 per share for Bulgarian smart home and IoT maker Shelly Group; the deal values Shelly at around €1.2bn excluding debt, a 27% premium to the unaffected reference price. The founders back the deal; completion depends on, among other things, a minimum acceptance level and regulatory approvals. This firms up the preliminary talks reported on 29 July 2026 (entry 53f7bc81) (heise online, 24 Sep 2026; Handelsblatt, 24 Sep 2026). Update (28.09.2026): Schneider's subsidiary SE 2026 A SAS has registered the €70-per-share offer with Bulgaria's Financial Supervision Commission (FSC); the minimum acceptance threshold is 95%, and the acceptance period will only start once the FSC has approved and the offer has been published (Shelly Group ad hoc release, 28.09.2026). Update (05.10.2026): Shelly Group's board of directors considers the €70-per-share offer adequate in its reasoned statement, relying on a fairness opinion from Freitag &amp; Co.; in the investment agreement Schneider committed, among other things, to preserving management, locations, employment levels and core brands for a set period (Shelly Group, ad hoc announcement, 05.10.2026). Update (23 October 2026): the Bulgarian Financial Supervision Commission (FSC) completed its preliminary review of the offer on 22 October 2026 and asked for additions to the offer document, for which the bidder has 20 business days; the price is not affected. The acceptance period will begin only once the amended document is approved (Shelly Group, EQS release, 23 October 2026). — Sources: https://www.heise.de/en/news/Smart-Home-Schneider-Electric-takes-over-Shelly-Group-11464299.html · https://www.finanznachrichten.de/nachrichten-2026-10/69759497-eqs-adhoc-shelly-group-se-verwaltungsrat-mit-positiver-stellungnahme-zum-registrierten-freiwilligen-oeffentlichen-erwerbsangebot-der-schneider-electr-022.htm · https://live.deutsche-boerse.com/news/EQS-News-Bulgarian-Financial-Supervision-Commission-completes-preliminary-review-of-the-voluntary-public-takeover-offer-for-Shelly-Group-SE-0f8f4c93-26a0-40e3-aecd-5b382c5d4181</summary>
  </entry>
  <entry>
    <title>🤝 Report: CNP Assurances explores takeover of insurer Coface (France)</title>
    <link href="https://eurotrack.ai/en/developments/b9157402-report-cnp-assurances-explores-takeover-of-insurer-coface/"/>
    <id>tag:eurotrack.ai,2026:b9157402:en</id>
    <updated>2026-09-18T06:00:00Z</updated>
    <summary>French life insurer CNP Assurances, a subsidiary of state-backed La Banque Postale, is exploring a takeover of credit insurer Coface and is working on an offer, according to a Bloomberg report dated 18 September 2026. Coface shares rose 8.9% in Paris that day, valuing the company at around €2.6bn; no price or timetable was disclosed. For a deal to succeed, CNP would need to win over Coface's largest shareholder Arch Capital Group (29.9%); deliberations are at an early stage according to the people familiar, and other bidders could still emerge. Single-source press report (Bloomberg) — CNP, Coface and Arch Capital declined to comment (source: Bloomberg via Insurance Journal, 21 Sep 2026; Zonebourse via Boursorama, 21 Sep 2026). — Source: https://www.insurancejournal.com/news/international/2026/09/21/886192.htm</summary>
  </entry>
  <entry>
    <title>🤝 Gauselmann group to take control of Société Française de Casinos (France)</title>
    <link href="https://eurotrack.ai/en/developments/bc5ce46d-gauselmann-group-to-take-control-of-societe-francaise-de/"/>
    <id>tag:eurotrack.ai,2026:bc5ce46d:en</id>
    <updated>2026-09-18T06:00:00Z</updated>
    <summary>Société Française de Casinos (SFC) announced on 18 September 2026 the signing of the definitive purchase agreement under which Merkur Spielbanken Beteiligungs GmbH — a subsidiary of Merkur.com AG, wholly owned by the Gauselmann family foundation — acquires 95% of holding company Casigrangi. Casigrangi holds 4,135,434 SFC shares, around 81.213% of the share capital and voting rights; the price paid corresponds to EUR 6.19 per SFC share. Completion remains subject to the customary regulatory authorisations. Merkur will then be required to file a simplified mandatory cash tender offer (OPAS) for the remaining shares at the same EUR 6.19 per share, and has stated its intention to subsequently request a squeeze-out and delist SFC. (Source: Boursorama/Zonebourse, 18 Sept 2026) — Source: https://www.boursorama.com/bourse/actualites/merkur-signe-l-accord-definitif-pour-le-rachat-du-bloc-de-controle-de-societe-francaise-de-casinos-3a0c215450da677fad1d5e60c4b15287</summary>
  </entry>
  <entry>
    <title>📉 Viant to cut 114 jobs at its Chaumont site (France)</title>
    <link href="https://eurotrack.ai/en/developments/1a0caeba-viant-to-cut-114-jobs-at-its-chaumont-site/"/>
    <id>tag:eurotrack.ai,2026:1a0caeba:en</id>
    <updated>2026-09-16T06:00:00Z</updated>
    <summary>Medical prosthetics maker Viant announced on 16 Sept 2026 the elimination of 114 of the 229 jobs at its Chaumont (Haute-Marne) site. The trigger is the loss of its largest customer, which accounted for around 85 % of revenue and is insourcing the affected production; the customer was not named. The social plan was due to start on 23 Sept 2026, and the specific positions affected had not yet been identified (France 3 Régions, 17 Sept 2026). — Source: https://france3-regions.franceinfo.fr/grand-est/haute-marne/chaumont/114-licenciements-annonces-dans-une-usine-c-est-lunaire-denonce-un-syndicaliste-3418475.html</summary>
  </entry>
  <entry>
    <title>🏚️ Heidelberg Materials plans to close Ranville cement plant (France)</title>
    <link href="https://eurotrack.ai/en/developments/69b3b379-heidelberg-materials-plans-to-close-ranville-cement-plant/"/>
    <id>tag:eurotrack.ai,2026:69b3b379:en</id>
    <updated>2026-09-16T06:00:00Z</updated>
    <summary>Heidelberg Materials France announced on 16 September 2026 that it intends to close the Ranville cement plant near Caen (formerly Calcia, opened in 1964), affecting 87 employees. The group blames falling cement volumes in France amid a persistently weak construction market and the streamlining of its European production network. Employee representatives point to a shutdown around spring 2028; unions went on strike on 22 September 2026, and the CGT describes it as the fifth kiln extinguished in six years (ici, 16.09.2026). — Source: https://www.ici.fr/normandie/calvados-14/ranville/la-cimenterie-de-ranville-va-fermer-87-salaries-sur-le-carreau-7613709</summary>
  </entry>
  <entry>
    <title>📉 Afpa to cut up to 867 jobs, 30 centres under threat (France)</title>
    <link href="https://eurotrack.ai/en/developments/13e0dbef-afpa-to-cut-up-to-867-jobs-30-centres-under-threat/"/>
    <id>tag:eurotrack.ai,2026:13e0dbef:en</id>
    <updated>2026-09-15T06:00:00Z</updated>
    <summary>On 15 September 2026 the state vocational-training agency Afpa (headquartered in Montreuil) presented its board and central works council with a restructuring plan: up to 867 posts would go and 400 new ones be created (a net loss of about 470), 30 of its 142 centres are threatened with closure and 68 sites would be wholly or partly disposed of. Reports cite a 25 percent fall in turnover and a 39 percent fall in trainee numbers between 2021 and 2025; the state is to provide €180 mn, to be repaid from property sales. The CGT, FO and Sud unions reject the plan and have called a strike; consultation of staff bodies is under way (ici, 15.09.2026). — Source: https://www.ici.fr/infos/societe/formation-professionnelle-jusqu-a-867-suppressions-de-postes-a-l-afpa-et-30-sites-menaces-de-fermeture-8646100</summary>
  </entry>
  <entry>
    <title>🤝 Sanofi to transfer 20 medicines and three plants to Cheplapharm (Hungary / France / Singapore)</title>
    <link href="https://eurotrack.ai/en/developments/77773a26-sanofi-to-transfer-20-medicines-and-three-plants-to/"/>
    <id>tag:eurotrack.ai,2026:77773a26:en</id>
    <updated>2026-09-14T06:00:00Z</updated>
    <summary>Sanofi is handing 20 older medicines to Greifswald-based specialist Cheplapharm, including the anticoagulant Lovenox/Clexane outside the US, together with three plants: Csanyikvölgy near Miskolc in Hungary with about 400 staff, Jurong in Singapore with about 100 and Ploërmel in France with about 65. In return Sanofi receives a 26.4% stake in Cheplapharm; further financial details are still to come. Staff transfer with their existing contracts and collective agreements, and according to Világgazdaság with a three-year employment guarantee at Miskolc — no job cuts or closures are planned. The products start moving across in the first quarter of 2027, with the plants following after employee consultation and regulatory approvals; everything is due to be completed by the third quarter of 2027 (Bionity, 16 Sep 2026; announced on 14 Sep 2026 according to Világgazdaság, 1 Oct 2026). — Sources: https://www.bionity.com/en/news/1189829/sanofi-is-transferring-20-established-medicines-and-three-manufacturing-sites-to-cheplapharm.html · https://www.vg.hu/vilaggazdasag-magyar-gazdasag/2026/10/sanofi-gyar-eladas-miskolc-dolgozok-munka-nemet-francia</summary>
  </entry>
  <entry>
    <title>📜 French cabinet approves pay-transparency bill</title>
    <link href="https://eurotrack.ai/en/developments/740e2afc-french-cabinet-approves-pay-transparency-bill/"/>
    <id>tag:eurotrack.ai,2026:740e2afc:en</id>
    <updated>2026-09-10T06:00:00Z</updated>
    <summary>The French Council of Ministers adopted a bill on 10 September 2026 transposing EU Directive (EU) 2023/970 of 10 May 2023 on pay transparency between women and men. The law affects hiring practices, access to pay information, and the measurement of the gender pay gap (lexisveille.fr / Council of Ministers agenda, 10 Sept 2026). — Source: https://www.lexisveille.fr/ordre-du-jour-du-conseil-des-ministres-du-10-septembre-2026</summary>
  </entry>
  <entry>
    <title>🏭 Schneider Electric to invest over €150m in new Évreux site (France)</title>
    <link href="https://eurotrack.ai/en/developments/8f5c8d39-schneider-electric-to-invest-over-150m-in-new-evreux-site/"/>
    <id>tag:eurotrack.ai,2026:8f5c8d39:en</id>
    <updated>2026-09-09T06:00:00Z</updated>
    <summary>As part of the site reorganization announced on 9 September 2026 in the Eure department, Schneider Electric is investing over €150 million in a new consolidated site in Évreux by 2029, merging the Le Vaudreuil and Pacy-sur-Eure plants (about 800 jobs combined); in parallel, the Beaumont-le-Roger site will close in 2030 and Chasseneuil-du-Poitou in March 2028 (see linked closures entry) (titrespresse.com, 9 Sept 2026). — Source: https://www.ici.fr/normandie/eure-27/evreux/fusion-de-sites-150-millions-d-euros-d-investissement-schneider-electric-reorganise-de-ses-activites-de-l-eure-7254129</summary>
  </entry>
  <entry>
    <title>🏚️ Schneider Electric to close Chasseneuil-du-Poitou plant, 145 jobs (France)</title>
    <link href="https://eurotrack.ai/en/developments/0e051996-schneider-electric-to-close-chasseneuil-du-poitou-plant-145/"/>
    <id>tag:eurotrack.ai,2026:0e051996:en</id>
    <updated>2026-09-09T06:00:00Z</updated>
    <summary>Schneider Electric announced on 9 September 2026 the closure of its Chasseneuil-du-Poitou plant (Vienne, 145 employees) for March 2028. At the same time, the Beaumont-le-Roger site (Eure) is to close in 2030 and be merged, together with the Le Vaudreuil and Pacy-sur-Eure plants (about 800 jobs combined), into a new site in Évreux (see linked expansions entry); relocation offers are planned for affected staff (titrespresse.com, 9 Sept 2026). — Source: https://www.ici.fr/nouvelle-aquitaine/vienne-86/chasseneuil-du-poitou/schneider-electric-annonce-la-fermeture-de-son-usine-de-chasseneuil-du-poitou-145-salaries-vises-par-un-plan-social-3744639</summary>
  </entry>
  <entry>
    <title>🏚️ Bolloré to close Bluebus plant in Ergué-Gabéric, 115 jobs (France)</title>
    <link href="https://eurotrack.ai/en/developments/b4f21315-bollore-to-close-bluebus-plant-in-ergue-gaberic-115-jobs/"/>
    <id>tag:eurotrack.ai,2026:b4f21315:en</id>
    <updated>2026-09-08T06:00:00Z</updated>
    <summary>The Bolloré group announced on 8 September 2026 the closure of its electric-bus subsidiary Bluebus in Ergué-Gabéric (Brittany), affecting 115 direct jobs. After about 15 years and roughly 700 buses built, the company said it never reached critical scale and the French market had been less dynamic than expected (titrespresse.com, 8 Sept 2026). — Source: https://actu.orange.fr/economie/en-bretagne-bollore-stoppe-la-production-de-ses-bus-electriques-CNT000002rOCTO.html</summary>
  </entry>
  <entry>
    <title>🏚️ Cofigeo to close William Saurin plant in Saint-Thibault-des-Vignes, 142 jobs (France)</title>
    <link href="https://eurotrack.ai/en/developments/5994717e-cofigeo-to-close-william-saurin-plant-in-saint-thibault-des/"/>
    <id>tag:eurotrack.ai,2026:5994717e:en</id>
    <updated>2026-09-08T06:00:00Z</updated>
    <summary>The Cofigeo group announced on 8 September 2026 the closure of the historic William Saurin factory in Saint-Thibault-des-Vignes (Seine-et-Marne), the founding site of the brand established in 1898. The closure affects 142 jobs and is planned for 2027, citing declining activity and the impossibility of modernizing the site (titrespresse.com, 8 Sept 2026). — Source: https://france3-regions.franceinfo.fr/paris-ile-de-france/seine-et-marne/william-saurin-ferme-son-usine-historique-de-seine-et-marne-142-emplois-menaces-3414500.html</summary>
  </entry>
  <entry>
    <title>🏚️ Cofigeo to close Lagny-sur-Marne plant, cutting 142 jobs (France)</title>
    <link href="https://eurotrack.ai/en/developments/ab73cad8-cofigeo-to-close-lagny-sur-marne-plant-cutting-142-jobs/"/>
    <id>tag:eurotrack.ai,2026:ab73cad8:en</id>
    <updated>2026-09-08T06:00:00Z</updated>
    <summary>Ready-meal maker Cofigeo (William Saurin, Raynal et Roquelaure, Zapetti, Garbit) will close its historic Lagny-sur-Marne plant (a William Saurin site since 1962) in mid-2027 and cut 142 jobs under a job-protection plan (PSE); production moves partly to Capdenac-Gare (Aveyron, 41 new jobs) and Pouilly-sur-Serre (Aisne). Chairman Mathieu Thomazeau cited a 17% drop in activity since 2022 due to market fragmentation and inflation (AFP via Agri-Mutuel, 8 Sept 2026). — Source: https://www.agri-mutuel.com/politique-economie/cofigeo-va-fermer-une-usine-emblematique-de-william-saurin-et-supprimer-142-postes/</summary>
  </entry>
  <entry>
    <title>🏚️ Pusterla 1880 to close Mayet plant, cutting 51 jobs (France)</title>
    <link href="https://eurotrack.ai/en/developments/c51ae95a-pusterla-1880-to-close-mayet-plant-cutting-51-jobs/"/>
    <id>tag:eurotrack.ai,2026:c51ae95a:en</id>
    <updated>2026-09-02T06:00:00Z</updated>
    <summary>The Italian luxury packaging group Pusterla 1880 announced on 2 September 2026 that it will close its plant in Mayet (Sarthe department) by the end of 2026. Of the 95 permanent staff and roughly 100 temporary workers, 51 positions will be cut, while 43 employees are to be transferred to other group sites (including Cherré-Au and Oradour-sur-Glane). The company cites declining business activity and the need to restructure its French production units as the reasons (ici.fr, 8 Sept 2026). — Source: https://www.ici.fr/emissions/l-info-d-ici-ici-maine/on-est-aneantis-salaries-et-habitants-de-mayet-sont-sous-le-choc-apres-l-annonce-de-la-fermeture-de-l-usine-pusterla-8348244</summary>
  </entry>
  <entry>
    <title>🏚️ Sibanye-Stillwater considers closing Sandouville refinery, 106 jobs (France)</title>
    <link href="https://eurotrack.ai/en/developments/24772310-sibanye-stillwater-considers-closing-sandouville-refinery/"/>
    <id>tag:eurotrack.ai,2026:24772310:en</id>
    <updated>2026-09-01T06:00:00Z</updated>
    <summary>South African mining group Sibanye-Stillwater announced at an extraordinary works-council meeting on 1 September 2026 the launch of a consultation on the possible closure in early 2027 of its nickel refinery in Sandouville, founded in 1888; the plant, idle since July 2025, still employs 106 people. The site, bought from Eramet in 2022, was to be converted under the 'CalliCam' project to battery cathode precursors (pCAM); that plan has been abandoned and the search for a buyer was unsuccessful (L'Usine Nouvelle, 3 September 2026, after Paris-Normandie). Update (05.10.2026): at a rally of around 100 workers outside the plant, Sibanye-Stillwater's head of France said two takeover offers were being examined, involving both the group and landowner Haropa, with no guarantee; a first wave of departures is planned for April 2027 (ICI Normandie, 05.10.2026). — Sources: https://www.usinenouvelle.com/matieres-premieres/mines-metaux/un-projet-important-pour-leurope-et-la-france-menace-a-sandouville-lusine-de-sibanye-stillwater-abandonne-son-plan-de-reconversion-et-risque-la-fermeture.N76FWKRWWRBNFPHTZVVJZEGW5I.html · https://www.ici.fr/normandie/seine-maritime-76/sandouville/deux-offres-sont-regardees-pres-du-havre-les-salaries-de-l-usine-sibanye-stillwater-attendent-toujours-des-reponses-1821983</summary>
  </entry>
  <entry>
    <title>📉 Sodexo to cut 1,097 jobs in France by 2027 (France)</title>
    <link href="https://eurotrack.ai/en/developments/695c24f7-sodexo-to-cut-1-097-jobs-in-france-by-2027/"/>
    <id>tag:eurotrack.ai,2026:695c24f7:en</id>
    <updated>2026-08-26T06:00:00Z</updated>
    <summary>Catering and facility-services group Sodexo announced on 26 August 2026 the elimination of 1,097 jobs in France by 2027: 963 at the French subsidiary Sodexo France (around 4% of its 25,000 employees) and 134 at the group headquarters in Issy-les-Moulineaux. A phase of voluntary departures is planned first, followed by a job protection plan (PSE); consultation of employee representatives began the same day. The move is justified by the 'Shift and Grow 2030' strategy presented in July, which aims to lift the margin from 3.4% to 5% (AFP via Boursorama; second source Néorestauration, 26 August 2026). — Source: https://www.boursorama.com/bourse/actualites-amp/sodexo-prevoit-de-supprimer-plus-de-1-000-emplois-en-france-590cd91449a7ffb23379d847712ba1ba</summary>
  </entry>
  <entry>
    <title>🏚️ Seqens to close CellforCure bio-plant in Les Ulis, affecting 115 jobs (France)</title>
    <link href="https://eurotrack.ai/en/developments/daa29821-seqens-to-close-cellforcure-bio-plant-in-les-ulis-affecting/"/>
    <id>tag:eurotrack.ai,2026:daa29821:en</id>
    <updated>2026-08-26T06:00:00Z</updated>
    <summary>The CellforCure bioproduction site in Les Ulis (10,000 m², contract manufacturing of cell therapies), taken over by the Seqens group in 2023, will close for good for lack of customers and a buyer — by the end of September or October 2026 according to a company spokesperson; 115 employees are affected. Seqens had sought a buyer in April 2026; the cause is the collapse of the cell-therapy market since mid-2025 with cascading cancellations of biotech projects (L'Usine Nouvelle, 26 August 2026). — Source: https://www.usinenouvelle.com/sante-pharma/faute-de-clients-et-de-repreneur-lusine-cellforcure-des-ulis-site-historique-de-la-bioproduction-en-france-va-fermer-ses-portes.S3W3CGGZQNBENOE3CXMJK4G43Q.html</summary>
  </entry>
  <entry>
    <title>🏚️ Court orders liquidation of three Gibert bookshops, 27 jobs (France)</title>
    <link href="https://eurotrack.ai/en/developments/5c51981c-court-orders-liquidation-of-three-gibert-bookshops-27-jobs/"/>
    <id>tag:eurotrack.ai,2026:5c51981c:en</id>
    <updated>2026-08-25T06:00:00Z</updated>
    <summary>On 25 August 2026 the commercial court ordered the liquidation of three more Gibert bookshops (Évreux, Poitiers and the Librairie de la Place on Quai Saint-Michel in Paris) after no buyer was found, affecting 27 jobs in total. It follows the receivership opened in April 2026 and the 'Gibert 2030' recovery plan; the group is left with ten shops in ten cities (Livres Hebdo, 25 August 2026). — Source: https://www.livreshebdo.fr/article/gibert-faute-de-repreneurs-trois-nouveaux-magasins-places-en-liquidation-judiciaire</summary>
  </entry>
  <entry>
    <title>🤝 EU Commission clears Orange Polska and APG's takeover of Nexera (France / Netherlands / Poland)</title>
    <link href="https://eurotrack.ai/en/developments/47f48efe-eu-commission-clears-orange-polska-and-apg-s-takeover-of/"/>
    <id>tag:eurotrack.ai,2026:47f48efe:en</id>
    <updated>2026-08-24T06:00:00Z</updated>
    <summary>Orange Polska and Dutch pension fund APG had agreed on 22 December 2025 to jointly acquire Polish wholesale fibre operator Nexera from Infracapital for PLN 1.5 billion (around EUR 350 million) and fold it into their existing open-access joint venture Światłowód Inwestycje (adding around 800,000 households, mostly in small towns and rural areas). The European Commission cleared the merger on 24 August 2026 without competition concerns. — Source: https://www.mobileworldlive.com/europe/orange-poland-fibre-deal-gets-ec-green-light</summary>
  </entry>
  <entry>
    <title>🤝 UK's CMA clears Danone's takeover of Huel in phase 1 (France / United Kingdom)</title>
    <link href="https://eurotrack.ai/en/developments/312a5484-uk-s-cma-clears-danone-s-takeover-of-huel-in-phase-1/"/>
    <id>tag:eurotrack.ai,2026:312a5484:en</id>
    <updated>2026-08-20T06:00:00Z</updated>
    <summary>The UK Competition and Markets Authority had been reviewing Danone Holdings (UK)'s planned acquisition of British nutrition brand Huel (meal-replacement products) since 27 May 2026, launched a formal phase 1 investigation on 15 July 2026 and cleared the deal unconditionally on 20 August 2026 (full decision published 25 August 2026). The purchase price was not disclosed. — Source: https://www.gov.uk/cma-cases/danone-slash-huel-merger-inquiry</summary>
  </entry>
  <entry>
    <title>📜 ORR approves Virgin Trains' daily Channel Tunnel services from 2030</title>
    <link href="https://eurotrack.ai/en/developments/d422c5e7-orr-approves-virgin-trains-daily-channel-tunnel-services/"/>
    <id>tag:eurotrack.ai,2026:d422c5e7:en</id>
    <updated>2026-08-17T06:00:00Z</updated>
    <summary>On 13 August 2026 the regulator ORR decided to pre-approve a new framework agreement on track access between HS1 Limited and Virgin Trains, and announced this on 17 August 2026. It allows Virgin to run up to 20 additional daily return services between London and Paris, Brussels or Amsterdam from 1 October 2030 to 31 December 2040, ending Eurostar's monopoly that has existed since the tunnel opened in 1994, while the tunnel runs at only half capacity. The parties can conclude the agreement by 4 September 2026; Virgin must also obtain trains, secure access to further networks and win safety clearances from the ORR and EU authorities, and an order for twelve Avelia trains from Alstom is, according to the report, close to being finalised. In October 2025 the ORR had already approved access to the Temple Mills International depot (LOK Report, 17 Aug 2026). — Sources: https://www.lok-report.de/news/europa/grossbritannien/grossbritannien-gruenes-licht-fuer-internationale-verbindungen-von-virgin-trains.html · https://www.orr.gov.uk/media/28663</summary>
  </entry>
  <entry>
    <title>📜 French publishers refer Google to competition watchdog</title>
    <link href="https://eurotrack.ai/en/developments/5f6079b4-french-publishers-refer-google-to-competition-watchdog/"/>
    <id>tag:eurotrack.ai,2026:5f6079b4:en</id>
    <updated>2026-08-11T06:00:00Z</updated>
    <summary>French newspaper association Apig referred Google to the Autorité de la concurrence on 11 August 2026. On the scale of the impact the source gives two separate and unrelated measurements: an Arcom assessment cited by Apig showing a 33 to 38% loss of traffic in the European markets where the feature is already live, and a Define Media Group study finding a 42% decline across a panel of 64 publisher sites in the United States. The report gives no date for the French launch of AI Overviews. Google was fined EUR 500m in 2021 for failing to honour earlier commitments to the authority. — Source: https://www.blogdumoderateur.com/google-ai-overviews-presse-francaise-saisit-autorite-concurrence/</summary>
  </entry>
  <entry>
    <title>🤝 Partners Group in exclusive talks to buy Aroma-Zone (Switzerland / France)</title>
    <link href="https://eurotrack.ai/en/developments/3a671e7e-partners-group-in-exclusive-talks-to-buy-aroma-zone/"/>
    <id>tag:eurotrack.ai,2026:3a671e7e:en</id>
    <updated>2026-08-06T06:00:00Z</updated>
    <summary>On 6 August 2026 Eurazeo announced it had entered exclusive negotiations with Swiss investor Partners Group over the sale of its majority stake in French natural-cosmetics company Aroma-Zone, with Eurazeo Capital V reinvesting alongside the buyer as a minority shareholder. The release quantifies only Eurazeo's gross proceeds of about EUR 576m and gives no enterprise valuation — the figure of around EUR 2bn (roughly three times the 2021 entry value) comes from consistent press reports by CFNEWS and Zonebourse. Founded in 1999 by the Vausselin family, the B Corp-certified company has more than 5 million active customers and has more than tripled its revenue since Eurazeo invested in 2021. Completion is subject to antitrust and other regulatory clearances and to the information and consultation process with employee representatives. Update (24.09.2026): The European Commission cleared joint control of Aroma-Zone and holding company LH91 by Partners Group and Eurazeo under its simplified procedure, without conditions; signing and completion are still pending (Brussels Times, 24.09.2026). — Source: https://fr.newsroom.eurazeo.com/actualites/eurazeo-entre-en-discussions-exclusives-avec-partners-group-en-vue-de-la-cession-de-sa-participation-dans-aroma-zone-et-de-son-reinvestissement-a-ses-cotes-90d17-7ed35.html</summary>
  </entry>
  <entry>
    <title>🤝 Meridiam to take majority stake in Great Sea Interconnector (France / Greece / Cyprus)</title>
    <link href="https://eurotrack.ai/en/developments/45d347c1-meridiam-to-take-majority-stake-in-great-sea-interconnector/"/>
    <id>tag:eurotrack.ai,2026:45d347c1:en</id>
    <updated>2026-08-05T06:00:00Z</updated>
    <summary>French investment group Meridiam becomes majority shareholder, with 66%, of the project company behind the Greece-Cyprus subsea power cable, while Greek grid operator Admie keeps the remaining third. The project is estimated at €1.9bn; whether Cyprus itself becomes a shareholder will only be decided after a financing study by the European Investment Bank, expected by year-end. The sources give no purchase price (Cyprus Mail, 6 Aug 2026; second source: Protothema, 5 Aug 2026). — Sources: https://cyprus-mail.com/2026/08/06/french-investors-entry-gives-great-sea-interconnector-new-momentum-damianos-says · https://en.protothema.gr/2026/08/05/france-strengthens-greece-cyprus-power-link-as-meridiam-acquires-majority-stake/</summary>
  </entry>
  <entry>
    <title>🤝 TotalEnergies to acquire Shell's European onshore renewables business (France / United Kingdom)</title>
    <link href="https://eurotrack.ai/en/developments/32e203c1-totalenergies-to-acquire-shell-s-european-onshore/"/>
    <id>tag:eurotrack.ai,2026:32e203c1:en</id>
    <updated>2026-08-03T06:00:00Z</updated>
    <summary>TotalEnergies is acquiring Shell's entire European onshore renewables business: around 500MW of solar and wind capacity in operation or under construction, mainly in Italy and the Netherlands, plus a 3.5GW development pipeline of solar, wind and battery storage projects in Italy, the United Kingdom and Spain — roughly 4GW in total. The purchase price was not disclosed. Completion is expected by the end of 2026, subject to regulatory approval. TotalEnergies already has nearly 10GW of installed or under-construction renewables capacity in Europe and 27GW under development. Second source: TotalEnergies press release of 3 August 2026. — Source: https://www.shell.com/news-and-insights/newsroom/news-and-media-releases/2026/shell-signs-agreement-to-sell-european-onshore-renewables-portfolio-to-totalenergies.html</summary>
  </entry>
  <entry>
    <title>🤝 KKR buys 50% of TotalEnergies renewables portfolio for €1.8bn (USA / France)</title>
    <link href="https://eurotrack.ai/en/developments/ab47f653-kkr-buys-50-of-totalenergies-renewables-portfolio-for-1-8bn/"/>
    <id>tag:eurotrack.ai,2026:ab47f653:en</id>
    <updated>2026-08-03T06:00:00Z</updated>
    <summary>Alongside the Shell acquisition, TotalEnergies is selling a 50% stake in a largely developed 1.2GW portfolio of onshore solar and wind assets in Germany, Spain, France and Poland to an insurance account managed by KKR. The portfolio's enterprise value is €1.8bn. TotalEnergies retains the other 50% and will continue to operate the assets; the electricity is already sold to third parties or will be marketed by TotalEnergies. Completion is expected in 2026. The partial sale is part of the group's business model of farming down developed renewables portfolios year after year to free up capital for new projects. — Source: https://totalenergies.com/newsroom/renewables-in-europe-totalenergies-acquires-shells-renewables-business-and-sells-a-50-stake-in-a-portfolio-of-developed-assets-to-kkr/?lang=eng</summary>
  </entry>
  <entry>
    <title>🤝 Arval completes acquisition of fleet manager Athlon (France / Netherlands)</title>
    <link href="https://eurotrack.ai/en/developments/691ae0e9-arval-completes-acquisition-of-fleet-manager-athlon/"/>
    <id>tag:eurotrack.ai,2026:691ae0e9:en</id>
    <updated>2026-07-31T06:00:00Z</updated>
    <summary>Arval, BNP Paribas's leasing arm, definitively completed its acquisition of Dutch fleet manager Athlon on 31 July 2026, two days after the European Commission cleared it on 29 July 2026. The combined fleet grows from around 1.9 million to 2.3 million vehicles, so Athlon contributes roughly 400,000. No purchase price was disclosed. — Source: https://www.automotive-online.nl/management/internationaal/2026/07/31/arval-voltooit-overname-athlon/</summary>
  </entry>
  <entry>
    <title>🤝 CARAC acquires majority stake in wealth manager Cedrus &amp; Partners (France)</title>
    <link href="https://eurotrack.ai/en/developments/0bf5c410-carac-acquires-majority-stake-in-wealth-manager-cedrus-und/"/>
    <id>tag:eurotrack.ai,2026:0bf5c410:en</id>
    <updated>2026-07-31T06:00:00Z</updated>
    <summary>On 31 July 2026 French provident and insurance group CARAC acquired a majority stake in the independent wealth management and advisory firm Cedrus &amp; Partners; the management duo Matthieu Broquère and Sébastien Roca remain on board. The combined group says it serves more than 525,000 members and clients with €43bn in assets under management and advice. CARAC mainly gains expertise in private-market investments (private equity, funds of funds); no purchase price was disclosed. — Source: https://www.fusacq.com/buzz/carac-reprend-la-majorite-de-cedrus-partners-a260145</summary>
  </entry>
  <entry>
    <title>🤝 Groupe Aurige acquires metalwork firms Verre &amp; Métal and HEFI (France)</title>
    <link href="https://eurotrack.ai/en/developments/a51204ad-groupe-aurige-acquires-metalwork-firms-verre-und-metal-and/"/>
    <id>tag:eurotrack.ai,2026:a51204ad:en</id>
    <updated>2026-07-31T06:00:00Z</updated>
    <summary>French family group Aurige, founded in 1944 (€240m revenue, around 2,000 employees across 27 subsidiaries), is acquiring two specialists in metal and glass structures: Verre &amp; Métal (founded 1921, Bonneuil-sur-Marne) and HEFI (founded 1992, Strasbourg). Together they generate around €25m in revenue with more than 90 employees. Verre &amp; Métal has worked on restoration projects including the Grand Palais, the Eiffel Tower, the Opéra Garnier and the Centre Pompidou. Societex Corporate Finance advised the sellers; no purchase price was disclosed. — Source: https://www.fusacq.com/buzz/societex-groupe-adviso-conseille-verre-metal-et-hefi-specialistes-des-ouvrages-metalliques-et-verriers-dans-leur-cession-au-groupe-aurige-a260144</summary>
  </entry>
  <entry>
    <title>🤝 Portobello Capital to buy majority of Béaba Suavinex (Spain / France)</title>
    <link href="https://eurotrack.ai/en/developments/2861ffef-portobello-capital-to-buy-majority-of-beaba-suavinex/"/>
    <id>tag:eurotrack.ai,2026:2861ffef:en</id>
    <updated>2026-07-30T06:00:00Z</updated>
    <summary>Backfilled entry: Spanish private equity firm Portobello Capital is taking a majority of baby-care group Béaba Suavinex (Alicante and France) through its Fund V, while seller Bluegem Capital Partners reinvests alongside management. The group has about EUR 130m revenue and EUR 20m EBITDA, plants in Spain and Slovakia and around 270 staff. Price and stake were not disclosed; the European Commission cleared the deal under the simplified procedure on 30 October 2026 (M.12600) (Alimarket; second source: Baker McKenzie, 6 August 2026). — Sources: https://www.alimarket.es/nonfood/noticia/429888/portobello-capital-adquiere-una-participacion-mayoritaria-en-el-grupo-suavinex · https://www.bakermckenzie.com/en/newsroom/2026/08/bluegem-sale-beaba-suavinex-group · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_2307</summary>
  </entry>
  <entry>
    <title>🤝 Ferrero merges Michel &amp; Augustin and Delacre biscuit brands (Belgium / France)</title>
    <link href="https://eurotrack.ai/en/developments/3db8c37c-ferrero-merges-michel-und-augustin-and-delacre-biscuit/"/>
    <id>tag:eurotrack.ai,2026:3db8c37c:en</id>
    <updated>2026-07-30T06:00:00Z</updated>
    <summary>Italian group Ferrero is consolidating its two biscuit brands: France's Michel &amp; Augustin is being folded into Belgium's Fine Biscuits Company, which has owned the heritage brand Delacre since 2016. Both brands will continue to operate separately with their distinct positioning; Ferrero expects cost efficiencies, faster innovation and a stronger position in the biscuit market. The background is Delacre's weak 2025, with a net loss of €38.3m on revenue of €136m. — Source: https://www.retaildetail.eu/news/food/ferrero-merges-delacre-and-michel-augustin/</summary>
  </entry>
  <entry>
    <title>🏭 Solvay expands La Rochelle rare-earth plant for €15-20m (France)</title>
    <link href="https://eurotrack.ai/en/developments/eb222712-solvay-expands-la-rochelle-rare-earth-plant-for-15-20m/"/>
    <id>tag:eurotrack.ai,2026:eb222712:en</id>
    <updated>2026-07-29T06:00:00Z</updated>
    <summary>Belgian chemicals group Solvay announced on 29 July 2026, alongside its half-year results, additional strategic investments of €15–20 m to expand the separation capacity of its French plant in La Rochelle. The company describes the site as one of the largest rare-earth separation facilities outside China. While around €10 m had previously gone into producing light rare earths, the new tranche targets the more demanding production of heavy rare earths. It follows a letter of intent announced in early June with Australian company Viridis Mining and Minerals to secure rare-earth supplies from Brazil from 2028. The report gives no figure for new jobs. — Source: https://www.boursorama.com/bourse/actualites/le-chimiste-belge-solvay-annonce-un-nouvel-investissement-dans-les-terres-rares-a-la-rochelle-483c1b364fe1ba5cb5bacee5a53202ae</summary>
  </entry>
  <entry>
    <title>🤝 Report: Schneider Electric in early talks over Shelly Group (Bulgaria / France)</title>
    <link href="https://eurotrack.ai/en/developments/53f7bc81-report-schneider-electric-in-early-talks-over-shelly-group/"/>
    <id>tag:eurotrack.ai,2026:53f7bc81:en</id>
    <updated>2026-07-29T06:00:00Z</updated>
    <summary>Reported stage (first Bloomberg, picked up by BTA and SeeNews, 29 July 2026): France's Schneider Electric is in preliminary talks over a tender offer for Bulgarian smart home and IoT manufacturer Shelly Group, which is listed in Sofia and Frankfurt. A valuation of around €1.3bn, or about €70 per share, is cited. There is no binding offer; whether one materialises, on what terms and on what timetable is open. Update (24 Sep 2026): Schneider Electric has announced a cash offer of €70 per share (valuation around €1.2bn); the volume is carried in follow-up entry 9afbe7b6. — Source: https://seenews.com/news/schneider-electric-in-prelim-tender-offer-talks-with-bulgarias-shelly-group-1298852</summary>
  </entry>
  <entry>
    <title>🏚️ Saint-Gaudens pulp mill wins reprieve, 270 jobs in the balance (France)</title>
    <link href="https://eurotrack.ai/en/developments/a34fd86b-saint-gaudens-pulp-mill-wins-reprieve-270-jobs-in-the/"/>
    <id>tag:eurotrack.ai,2026:a34fd86b:en</id>
    <updated>2026-07-29T06:00:00Z</updated>
    <summary>Unlike its sister mill in Tarascon, which was liquidated on 27 July 2026, the Saint-Gaudens pulp mill won a reprieve. The public prosecutor had also applied for liquidation, but the Toulouse commercial court granted a short deadline for an initially anonymous industrialist — reported to be a manufacturer of wood-based insulation, who filed a letter of intent on the eve of the hearing — to lodge a 2 million euro deposit and submit a takeover project within one month. The roughly 270 employees were to be told the outcome on the morning of Thursday 30 July 2026; sources put the site's headcount at between 270 and 400. UPDATE (30 July 2026): The Toulouse commercial court granted Alsatian building materials group Soprema (around €5.2 bn in revenue) a further four weeks, until 24 August 2026, to submit a consolidated takeover offer. Soprema intends to convert the site to cellulose-based insulation materials and holds out the prospect of some 50 additional jobs. The offer is due to be examined on 8 September 2026; if it fails, liquidation looms on 15 September 2026. Update (15 September 2026): On 15 September 2026 the Toulouse commercial court followed the public prosecutor and approved the temporary continuation of operations for three months; takeover bids must be filed by 22 October 2026. The prospective buyers are Soprema (backed by the Occitanie region) and a Portuguese paper maker; the roughly 270 jobs are preserved for now (ToulÉco, 15 September 2026). — Source: https://www.ici.fr/occitanie/haute-garonne-31/saint-gaudens/fibre-excellence-la-liquidation-prononcee-pour-tarascon-la-decision-pour-saint-gaudens-connue-jeudi-matin-5208013</summary>
  </entry>
  <entry>
    <title>🤝 Mutares to acquire Stellantis's Free2move car-sharing business (Germany / Netherlands / France)</title>
    <link href="https://eurotrack.ai/en/developments/aedcaba3-mutares-to-acquire-stellantis-s-free2move-car-sharing/"/>
    <id>tag:eurotrack.ai,2026:aedcaba3:en</id>
    <updated>2026-07-28T06:00:00Z</updated>
    <summary>Stellantis is selling its entire shareholding in the Free2move car-sharing business to Munich-based investor Mutares; the agreement was announced on 28 July 2026. Free2move runs short- and long-term free-floating car sharing through its own app in 14 cities across Europe and the United States and is one of the most geographically diversified car-sharing platforms. The purchase price was not disclosed; closing is expected by the end of 2026 subject to customary conditions. The sale is part of the Stellantis 'FaSTLAne 2030' plan to shed loss-making non-core businesses; Mutares intends to establish Free2move as a new platform in its mobility portfolio and improve fleet management, electrification and customer experience. — Source: https://mutares.com/en/stellantis-announces-agreement-to-sell-free2moves-car-sharing-business-to-mutares/</summary>
  </entry>
  <entry>
    <title>🏚️ IDKIDS cuts 244 jobs and closes 57 stores in France (France)</title>
    <link href="https://eurotrack.ai/en/developments/62444632-idkids-cuts-244-jobs-and-closes-57-stores-in-france/"/>
    <id>tag:eurotrack.ai,2026:62444632:en</id>
    <updated>2026-07-28T06:00:00Z</updated>
    <summary>The Lille Métropole commercial court approved the continuation plan of the northern French IDKIDS group; on Tuesday 28 July 2026 Okaïdi announced its exit from redressement judiciaire after six months. The plan involves cutting 244 jobs and closing 57 stores in France. Abroad, the group withdrew entirely from Poland (25 stores), Germany (17 stores) and Portugal (2 stores). The proceedings opened in February 2026 covered the brands Obaïbi (ages 0–3), Okaïdi (3–14) and Oxybul as well as the IDLOG logistics platform, together employing around 2,000 people in France (source: AFP via Boursorama). — Source: https://www.boursorama.com/actualite-economique/actualites/le-specialiste-de-vetements-pour-enfants-okaidi-sort-de-redressement-judiciaire-08839b931ad68131f33eb7889198bb7e</summary>
  </entry>
</feed>
