Investor Matthieu Pigasse Submits Takeover Bid for Fiber Excellence Tarascon, Offering Hope for Workforce and Operations

A new investor has emerged in the restructuring process of Fibre Excellence, France’s last producer of market pulp, prompting a delay in court proceedings and raising hopes for the future of the company’s mills in Saint-Gaudens and Tarascon.

According to reports cited by La Marseillaise, the investor is believed to be French financier Matthieu Pigasse, although no official confirmation has been issued. The development comes as Fibre Excellence remains under judicial restructuring and faced an uncertain future after months of financial difficulties and limited takeover interest.

The appearance of a financially backed investor shortly before a scheduled court decision led the Commercial Court of Toulouse to postpone its ruling until July 6, allowing additional time to assess the revised proposal and its financial guarantees.

Fibre Excellence operates pulp production sites in Saint-Gaudens and Tarascon and is considered a key part of France’s paper and forestry value chain. The company’s situation has attracted significant attention because of its importance to domestic pulp production and the wider paper industry.

Industry observers noted that the potential involvement of Pigasse would add a new dimension to the rescue effort. Known for his work in finance and media investments, Pigasse has been associated with complex corporate restructurings, although details regarding the size, structure, and conditions of any investment in Fibre Excellence have not been disclosed.

The court’s postponement does not resolve the company’s challenges but provides additional time to evaluate whether the revised proposal can secure the long-term future of the business, its workforce, and its industrial operations. Employees and stakeholders are awaiting further details as the p