Overview
- The Tribunal de commerce de Rennes validated Europlasma's acquisition of the Fonderie de Bretagne on April 25, 2025, preserving 266 out of 280 jobs without forced departures.
- Europlasma, a French group specializing in depollution and defense manufacturing, plans to invest €15 million over three years to revitalize the Caudan site.
- The foundry will pivot from automotive casting to producing 250,000 artillery shells in 2025, with plans to double output by 2026 to meet growing defense sector demand.
- The foundry, previously reliant on Renault for 95% of its business, faced financial struggles after turnover dropped from €60 million to €15 million due to declining automotive orders.
- This acquisition follows failed buyout talks with Private Assets in 2024 and the foundry’s placement under judicial administration in January 2025.