VEOM Group Placed Under Judicial Recovery
On March 9, 2026, the Montpellier Commercial Court decided to open a judicial recovery procedure for VEOM Group, a European company specializing in smart home technology. The procedure aims to assess solutions for sustaining the business and to initiate a search for investors.
Initiation of Judicial Recovery Procedure
Following the request of the Company published on February 27, 2026, the Montpellier Commercial Court declared the opening of a judicial recovery procedure on March 9, 2026. The company FHBX, represented by Master Jean-François Blanc, has been appointed as the judicial administrator.
Objectives of the Procedure
The procedure aims to evaluate all solutions that could sustain the business, maintain employment, and settle liabilities. It also involves initiating a process to seek investors as part of a recovery plan through continuation or a disposal plan. Press releases will be regularly issued as the procedure progresses.
Resumption of VEOM Group Share Trading
Trading of VEOM Group shares on the Euronext Growth market, which was suspended since February 27, 2026, will resume on March 13, 2026.