Carillion Plc

Restructuring · EMEA

Ferroglobe has decided to temporarily shut down its eMalahleni smelting operations in South Africa. The source is a brief commentary, so the scale and workforce impact are unclear.

Restructuring · EMEA

Provisional liquidators have been appointed to Dublin-registered Fly4 Airlines Green Ltd, attributed to fuel cost increases tied to the Iran war. The company was set up just over three years ago.

Restructuring · EMEA

Shannon-based ground handling provider for private aircraft is seeking a rescue plan after losing a major contract with JP McManus, signalling financial distress and likely restructuring.

Restructuring · EMEA

French grocer Casino has agreed a debt restructuring deal with creditors after opposition from a group of lenders forced changes to its initial plan.

Restructuring · EMEA

Bristol-based bespoke bike brand Temple Cycles has closed its bike business and is winding down Temple Cycles Ltd. The owner plans to relaunch as an online-only parts and accessories business, with shareholders not expected to recover funds.

Restructuring · EMEA

The venture team of LEA Partners is spinning out as an independent firm, LEA Ventures, led by partners Nils Seele, Alexi Malikotsinas and Martin Trenkle and based in Karlsruhe. It will back European founders in Physical AI, sovereign infrastructure and industrial transformation, after roughly 40 investments across three funds since 2017.