Soprema signals acquisition interest in Fibre Excellence Saint-Gaudens
Soprema signals acquisition interest in restructuring paper pulp manufacturer Fibre Excellence.
Event / Economy
Fibre Excellence Paper Mill Restructuring
French state and Occitanie region provide €5.5 million in financial support to Fibre Excellence paper mill undergoing judicial restructuring, with Soprema expressing acquisition interest following court-granted extension.
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2026-09-20 to 2026-11-03 · UTC publication dates
Coverage begins 20 Sept, 13:29 UTC
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What happened
Occitanie region allocates €3.5 million to Fibre Excellence
The Occitanie regional government committed €3.5 million in funding to support the Fibre Excellence Saint-Gaudens facility for the period from October through mid-December, supplementing state financial support.
Soprema expresses interest in acquiring Fibre Excellence Saint-Gaudens
Alsatian construction materials group Soprema indicated interest in acquiring the Fibre Excellence Saint-Gaudens paper mill, with support from the Occitanie region and plans to partner with an additional investor.
Fibre Excellence is France's last paper pulp manufacturer
Fibre Excellence operates as France's last remaining paper pulp production facility. The Saint-Gaudens plant has been in judicial restructuring since late April 2026.
French state grants €2 million loan to Fibre Excellence paper mill
The French state, through BpiFrance Assurance Export, granted a €2 million loan to Fibre Excellence Saint-Gaudens under the Economic and Social Development Fund (FDES) program. The loan aims to support the facility's financial stability during its judicial restructuring process.
Fibre Excellence Saint-Gaudens receives three-month extension from tribunal
The commercial tribunal of Toulouse granted Fibre Excellence Saint-Gaudens an additional three-month delay to finalize its acquisition by potential investors. This extension provides additional time for completing the sale process for the facility in judicial receivership since late April.
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2 alternative perspectives
French state and region deploy €5.5 million to restructure paper mill
French state and region provide €5.5 million to restructure France's sole paper pulp producer.