Valoregen Enters Judicial Recovery Due to Financial Struggles
Valoregen has entered judicial recovery amid significant financial challenges, seeking funding to stabilize operations.
- • Valoregen has entered judicial recovery due to financial issues.
- • The company faces a six-month observation period with a follow-up on September 2nd.
- • It requires 1.5 million euros to continue operations and has 53 employees.
- • CEO Thierry Perez cites cash flow problems linked to delays from new European regulations.
Key details
Valoregen, a plastic recycling company based in Damazan, has been placed under judicial recovery by the commercial court of Agen as of July 30, 2025. This decision marks the beginning of a six-month observation period aimed at evaluating the company's viability, with a follow-up meeting scheduled for September 2.
Founded in 2019, Valoregen became known for its innovative hybrid recycling solutions for soft plastics and had previously secured 17 million euros in funding for its production facility from both public and private partners. A critical aspect of Valoregen's operations includes a significant partnership with Dow, a leading petrochemical company, which is the primary commercial supplier of recycled plastics for the firm.
Despite these promising developments, Valoregen is facing severe cash flow issues. CEO Thierry Perez pointed out that the company encounters delays in distribution linked to new European regulations concerning product traceability. These challenges have compounded Valoregen's financial distress, prompting their current need for an additional 1.5 million euros to sustain operations. Currently, Valoregen supports 53 employees and is actively engaged in discussions with potential buyers, having garnered interest from several parties, particularly as the company contemplates potential restructuring that may involve ownership changes.