Plant Advanced Technologies PAT under judicial reorganization

Plant Advanced Technologies (PAT) has announced the commencement of insolvency proceedings, approved by the Nancy Economic Court. This measure follows the company's declaration of insolvency on July 16, 2026, and aims to protect its operations.

The court granted a six-month observation period, renewable, providing PAT with a legal framework to develop its restructuring plan. This decision freezes liabilities due on July 20, 2026, supporting job preservation and the protection of the company's strategic assets.

In parallel, PAT is continuing discussions with major industrial groups to establish partnerships in the cosmetics and nutraceutical sectors. Operations are proceeding as normal, with the company remaining committed to its customers and partners.