Continuation plan of Groupe Doux

Advising D&P in connection with the rehabilitation plan (plan de redressement) of Groupe Doux thereby entailing a positive outcome for the insolvency proceedings opened against it in June 2012.

D&P, the group’s creditor further to the repurchase of the bank debt held by Barclays (€ 141.5 M in principal), took a majority stake in Doux’s share capital as a result of a complex restructuring process by capitalizing its debt.

The continuation plan was approved by the Commercial Court of Quimper on November 29, 2013.