Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The Cetih group has announced on the 22nd of May 2025, the liquidation of its subsidiary Koov, which specialises in energy renovation and photovoltaic panels with various activities such as carpentry, insulation, ventilation, heating, and solar solutions.
This decision will mark the closure of 106 jobs across the 9 agencies of the company, which are situated in: Vannes, Rennes, Quimper-Brest, Nantes, Cholet, Laval, Rouen, Orléans, et Clermont-Ferrand. The affected positions: agency managers, technical directors, technicians, installers, sales teams, sales administration department and customer advisors. Despite an active search for buyers, no offers have been successful. However, a partial takeover offer for two agencies is under consideration. Officially, the group is committed to supporting its employees in their job search.
Eurofound (2025), Koov, Bankruptcy in France, factsheet number 202816, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202816.