StockWatch
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Industrial Products
Legal21 Jul 2026, 08:00 pm

Centum T&S Group S.A. France converted to judicial liquidation

AI Summary

Centum Electronics Ltd has announced an update regarding the court-supervised restructuring proceedings of its French subsidiaries, Centum T&S Group S.A. and Centum T&S. The Lyon Economic Activities Court has ordered the conversion of the judicial reorganization proceedings (Redressement Judiciaire) into judicial liquidation proceedings (Liquidation Judiciaire). This conversion follows the court-approved acquisition and takeover of the business operations of these entities by MBDA France and SII. The judgment orders were received on July 20, 2026, with the liquidation proceedings effective from July 2, 2026.

Key Highlights

  • French subsidiaries Centum T&S Group and Centum T&S are now in judicial liquidation.
  • Proceedings converted from judicial reorganization to liquidation.
  • Business operations acquired by MBDA France and SII.
  • Liquidation effective from July 2, 2026.