Keep up to date with Insol Europe news on our LinkedIn profile page...

 

Nautitech Catamarans enters redressement judiciaire

Nautitech Catamarans entered redressement judiciaire — French court-supervised restructuring, in August 2026, following a ruling by the Tribunal de Commerce de La Rochelle. The procedure is not liquidation:…

UK firm running Portugal’s largest solar plant files for insolvency

British company Welink Energy, owner of Solara4, Portugal’s largest solar power plant, has entered insolvency proceedings. The 219 MW facility in Alcoutim, Algarve, has operated since 2021 but has faced…

Frasers Group Acquisition of Harvey Nichols

Frasers Group plc has acquired luxury retailer Harvey Nichols from administrators FTI Consulting LLP. The deal includes over 800 premium brands, 1,000+ employees, online operations, existing inventory,…

RDM recapitalisation enters court approval phase

Financially troubled Italian recycled carton board producer Reno De Medici (RDM) has entered the legal implementation phase of its planned recapitalisation. In early August 2026, the company signed a…

News

Nautitech Catamarans enters redressement judiciaire
Nautitech Catamarans entered redressement judiciaire — French court-supervised restructuring, in August 2026, following a ruling by the Tribunal de Commerce de La Rochelle. The procedure is not liquidation: according to Katamarans, the yard continues to build and deliver yachts while a six-month observation period begins. While debt was reduced and equity improved, cash dwindled to €3.02m as customer deposits shrank.

There has been a sharp decline in turnover, from €30.3m in FY2023 to €18.8m in FY2025, alongside falling operating performance and cash reserves. It attributes the difficulty principally to lower sales volumes, the cost of maintaining the yard’s fixed base, reduced customer-funded working capital as well as the owners Bavaria/private equity firm CMP refusing to recapitalise, triggering the procedure to facilitate a sale. 

Existing contracts continue during the observation period, though the position of warranties and customer stage payments has not been publicly stated. Nautitech’s future may depend on a sale or a continuation plan with new capital.

Full story here
  BENCHMARKS  
Loading Time: Base Classes  0.0010
Controller Execution Time ( News / News Details )  0.0107
Total Execution Time  0.0120
  GET DATA  
No GET data exists
  MEMORY USAGE  
1,196,944 bytes
  POST DATA  
No POST data exists
  URI STRING  
news/details/nautitech-catamarans-enters-redressement-judiciaire
  CLASS/METHOD  
news/news_details
  DATABASE:  insoleur_main   QUERIES: 45  (Show)
  HTTP HEADERS  (Show)
  SESSION DATA  (Show)
  CONFIG VARIABLES  (Show)